Pune, July 7th, 2016: EarlySalary.com, India’s first Mobile App that gives instant cash, today announced the appointment of Vimal Saboo as the company's Chief Business Officer (CBO). This is a strategic hire as part of the company’s growth plans post the launch in February this year.
Vimal Saboo is a Chartered Accountant and comes with an experience of 18 years in banking & credit domain. At EarlySalary.com, he will focus in building Credit Risk Profiling System and spearhead Credit Risk, Underwriting & Operations. EarlySalary today boasts of 10 minutes underwriting and is planning to build Real-Time Credit Approval Engines and Loan Approval Systems. Vimal’s exposure to such business in the past will be a big boost to the business.
Commenting on the appointment, Akshay Mehrotra, Co-Founder & CEO at EarlySalary.com said, “We are thrilled to have Vimal Saboo join the leadership team and look forward to his strategic contribution to our continued transformation of becoming a leading FinTech player in India. He brings with him a legacy of outstanding experience in the finance business that will be instrumental in the growth of our business.”
Vimal Saboo, Chief Business Officer, EarlySalary.com said, “FinTech is on the edge of disrupting the Banking Ecosystem, I am very glad to be part of EarlySalary and believe that Technology will disrupt the way lending business is done in India with the help of usage of various analytical technology e.g. Artificial Intelligence, neural network, etc. In India, these technologies are at nascent stage but use of such technologies are increasing rampantly. One such distinguished example has been set by EarlySalary.com, by solving the cumbersome process of getting loans from banks. I am excited to join the team and look forward to working with them to help realize the company’s mission of becoming a leading FinTech company in India.”
Prior to joining EarlySalary.com, Vimal was associated with Edelweiss group as the Senior Vice President, Axis Bank as the Vice President & Head-Analytics, ICICI Bank as the Chief Manager, and L&T-John Deere Ltd. With Axis Bank, he was liable for entire credit decisioning, formulating policies relating to credit card sourcing, authorization center and analytics function for the cards team. While at ICICI Bank, he was exposed to all functions of credit card operations.
About EarlySalary.com
Headquartered in Pune, EarlySalary.com is a Fintech Start-Up that uses new age technology for lending funds. The company aims to deliver a revolutionary new business model which is set to change the lending market in India. EarlySalary.com is an innovative lending platform that will change the way loans in India are taken.
Being a new age online brand, we bring together new credit scoring systems for superior customer profiling; our mobile first strategy will help customers get loans within minutes. The online platform is backed by a strong leadership team that aims to build a new credit scoring platform that combines traditional credit scoring with new social and online scoring technology-linked risk assessment concepts.
EarlySalary.com is the first financial product from Social Worth Technologies, which was founded in October 2015 and operates in Pune with a team of 30 young professionals who are working towards a solution to cater to your daily financial needs