Walmart-owned payments platform Phonepe has strengthened its leadership team with the appointment of Ritesh Pai as CEO of its international payments business.
In his new role, Pai will be responsible for launching and implementing the company’s payment products and solutions globally.
Commenting on the appointment, Sameer Nigam, CEO gounder of Phonepe in a statement said, “We are delighted to welcome Ritesh onboard as CEO – international payments’ at Phonepe. Ritesh has been an early believer and staunch supporter of the company and was very instrumental in our early UPI success story. I’m delighted that he’s joined us to lead our international growth plans. I would like to wish him the very best in his new role.”
Ritesh Pai added, “I am excited to join Phonepe as it takes significant strides in shaping the future of digital payments on a global scale. Phonepe has achieved market leadership in India with its unwavering commitment to product innovation and building customer-centric solutions. I am confident that this same focus will help us expand our footprint beyond national borders, taking our payment technology to an international audience.”
Ritesh Pai is a seasoned digital payment professional with years of experience in leadership roles with fintech companies like Terrapay and Yes Bank.
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