Vishal Bhatia, ex-Balancehero India joins FincFriends to drive its monetary self-discipline and compliance in India’s rising lending ecosystem
Nationwide, 20th August 2025: FincFriends, the captive non-banking monetary firm (NBFC) of the digital lending platform RupeeRedee has introduced the appointment of Vishal Bhatia as Chief Monetary Officer.
His appointment is aimed toward strengthening the fintech firm’s monetary planning, technique and compliance throughout NBFC operations.
Vishal possesses greater than 20 years of expertise within the monetary service, lending and fintech sector and is recognised for his notable stints at Balancehero India, PayU and others.
At FincFriends, he will likely be liable for enhancing price efficiencies and implementing strong monetary controls with development targets. He will even play an instrumental position in overseeing investor relations, budgeting, audit readiness and capital structuring to help enlargement.
Delighted with the appointment, Artem Andreev of FincFriends stated, “Vishal’s appointment comes at a pivotal juncture as we scale our operations and strengthen our monetary infrastructure.
His deep experience in monetary technique and compliance will considerably assist in driving sustainable development, enhancing investor confidence and supporting our mission to convey inclusive credit score entry to underserved markets throughout India.”
Elated concerning the appointment, Vishal Bhatia, the brand new CFO of FincFriends stated, “I’m excited to affix FincFriends at such a dynamic part of its development journey.
I stay up for contributing to the corporate’s strategic targets by constructing a powerful monetary basis and making certain strong governance throughout all features as we develop into newer markets.”
FincFriends is actively scaling its presence throughout Tier 2 and Tier 3 cities to fulfill the surging demand for accessible and reasonably priced credit score in India.
With a powerful deal with increasing lending operations, the corporate is constructing deeper partnerships, strengthening its danger evaluation frameworks and streamlining processes by way of technology-led options.
This strategic enlargement aligns with its mission to bridge the credit score hole and convey inclusive monetary providers to underserved communities throughout India.
FincFriends envisions to drive worthwhile development whereas sustaining wholesome asset high quality and compliance requirements.
The corporate goals to strengthen its stability sheet, enhance inner reporting frameworks for quicker, insight-driven decision-making and uphold the very best requirements of asset high quality and compliance. Moreover, it appears to be like ahead to increasing credit score choices, optimizing disbursal processes and decreasing NPAs.
About FincFriends Non-public Restricted:
FincFriends Non-public Restricted, based in 2017, is devoted to delivering financing options and offering loans to finish prospects by way of a very digital and safe course of.
Registered with the Reserve Financial institution of India (RBI) as a non-banking monetary firm, FincFriends focuses on making certain that people can simply entry hassle-free money to handle sudden monetary bills.
Disclaimer:- This story has not been edited by SugerMint workers and supplied by the company. SugerMint is not going to be accountable in any approach for the content material of this story.
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