StashFin – a digital lending venture dedicated to making credit lending easy, transparent, safe and secure for borrowers across India–has appointed Jitendra Jain as Vice-President of Finance. Jain will be responsible for overseeing all financial functions, including accounting, budgets, credit, insurance, tax and treasury.
Jitendra Jain has 12 years of finance and accounts experience, having led the function at Satin Finserv Limited, SpandanaSphoorty Financial Limited and Spectra International Limited. At StashFin, he will provide leadership, direction and management to the finance and accounting team, and enable strategic endorsements with the CEO and the executive management team.
Tushar Aggarwal, CEO and Founder of StashFin, said:“In this credit-starved economy, our mission is to improve financial inclusion through frictionless services and technology. The firm’s finance function is strategically critical for us to achieve this. We have an ambitious transformation plan in place and Jain will bring experience, leadership and proven know how to the table. With deep functional expertise and technical knowledge of all aspects of corporate finance, financial planning and accounting, he has the capabilities we need.”
Jain added:“I am excited by StashFin’s commitment to cater to the unforeseen needs of the underbanked and bridge the widening credit gap in India. Their work to enable millions of consumers to get closer to their dreams, while being completely transparent and quick,as well as geography-agnostic, is inspiring. I look forward to joining StashFin’smanagement team and driving its finance organization as the company progresses to the next phase of its evolution. I hope to work closely with it to outline a successful business strategy, and drive effective initiatives.”