TranServ Appoints Senior VPs From PayPal & Mobikwik

by CXOtoday News Desk    May 12, 2016

Online payment Image used for representation purpose TranServ has brought in two payments veterans from PayPal and MobiKwik on board to strengthens its top leadership team. The company has announced the appointment of Salil Mody as its SVP - Corporate Strategy and Ushpinder Singh as the SVP & Head- Merchant Business. These appointments highlight the company’s focus on key areas of business strategy as well as creating the right blend of people in the organization.

Salil Mody comes with 8 years at PayPal across Silicon Valley and India. 

At TranServ, Salil Mody will focus on driving corporate strategy, inorganic growth and innovative initiatives like micro-credits. Ushpinder has joined TranServ from MobiKwik to lead the Merchants Business and would be responsible for sales of the Udio product suite with a focus on API integrations & digital payment solutions of the company. 

Speaking on the new appointments, Anish Williams, Co-founder & CEO, TranServ, commented, “By welcoming Salil & Ushpinder, we are looking to leverage their expertise in digital payments to consolidate our leadership position within the Indian market even further. We are confident that their addition will add another dimension to our business strategy and will aid us immensely in our continued growth and success.”

With an end-goal of creating the perfect digital payments solutions, TranServ’s current focus on corporate & business strategies ensures a healthy balance between sustainability and growth, and has led to its position as one of the most promising fin-tech ventures in the country. 

The company has also forayed into the corporate space through its small value employee payments delivered via the Udio app and is looking to capture 35 per cent of the market by the end of the current fiscal. 

Furthermore, TranServ has been actively trying to create a more integrated, ubiquitous and holistic mobile payments infrastructure within the country through its innovative tech-based solutions. Not only did it pioneer the concept of social payments in India, but has also partnered with Micromax and Visa to establish a cross-channel, digital-led, online-to-offline payments ecosystem to fulfil its vision of making India a truly cashless economy.