Easy Pay appoints Vaibhav Joshi as CEO, forays into neobanking

Digital payments platform Easy Pay, which offers financial inclusion in urban and rural India, has announced the appointment of Vaibhav Joshi as the new chief executive officer (CEO), said a statement issued by the company.

In his new role, Joshi will build the MSME neobank by leading the business expansion plans and key strategic initiatives for the growth of the firm in addition to contributing towards developing the financial ecosystem of the country.

During his tenure with Equitas Small Finance Bank as the chief digital officer, he played a crucial role in creating various leading fintech programmes. In his previous stint with Yes Bank, he built one of India's first large CSP/BC agent networks under Yes money in addition to working on some of the top fintech programmes in the country.


“Vaibhav comes with an astute business mindset and has a knack for creating success stories in every endeavour. His passion and experience in building and growing companies will be instrumental in creating a culture of growth and success at Easy Pay," said Nilay Patel, founder of Easy Pay.

“In my new role, I aim to leverage Easy Pay by unlocking the potential of connected banking which will revolutionise the accessibility to banking for over 63+ million MSMEs in the country. My vision would be to not only drive stellar business growth but also make us the largest and the fastest-growing MSME neobank in the country," said Joshi.