About the speaker
Yashwant Lodha is the Cofounder & Director at PayNearby. He is an engineering graduate from Manipal Institute of Technology and an MBA from NMIMS. With proven strengths in product & project management, strategic analysis, and problem-solving, Yashwant leads the enterprise business, marketing, finance, business alliances, products, technologies, and human resource at PayNearby. During an interaction with TheTechPod – “Organizations which cannot define the audiences find it tough to live,” says Yashwant Lodha.
Previously, Yashwant worked at YES Bank as senior product manager for digital payments and mobility. There he was the product manager for Unified Payment Interface (UPI), IMPS switch and Domestic Remittance platform, doing a throughput of more than $500 million a year. Earlier, he handled strategy and analytics at Tally Solutions.
About the company
PayNearby is a leading digital payments and branchless banking network. It enables individuals in every corner of the country to obtain quick access to financial services. It is a robust digital fintech company that empowers retailers at the first mile to offer digital financial services to locals thereby boosting financial inclusion in India. Paynearby provides ‘sachetized’ financial products through its last-mile network. And, enables digitization of micro cash exchange to digitally reach 400 million+ last-mile audiences. It facilitates a bouquet of financial services, including deposits, domestic remittances, bill payments, card payments, granular investment, and insurance assurance.
During the pandemic, the firm assisted users in obtaining anything from groceries to money, furthering the app’s popularity. Recently, PayNearby, in collaboration with RASCI, launched NeoDukaan. A platform that aims to modernize 100 MN retailers by 2025 while making them digitally literate. It has also introduced PayNearby University under its trade app. To educate and handhold its retail partners towards a sustainable life.
In an interaction with Rohit Sardana, Yashwant Lodha speaks about the future of fintech in India. Also, Rohit Sardana is the Editor-in-Chief at TheTechPod and Co-founder of IncubateIND. Let’s hear the complete podcast. And, also understand – “Organizations which cannot define the audiences find it tough to live – Yashwant Lodha.”