Mumbai: Digital payments and banking technology company Cashfree has appointed Ramkumar Venkatesan as SVP of engineering, to fuel the next phase of tech-stack innovation and product evolution.

He will be responsible for scaling the engineering team to enable rapid innovation and customer delight, said the company in a statement.

Venkatesan has more than 24 years of experience in ad-tech, big data, e-commerce, and database technology in the US and Indian markets. In his most recent role, he worked with Jivox as CTO and VP of engineering, where he led the growth of the engineering team and the acquisition of new customers through product innovation.

Commenting on the appointment,  Cashfree, CEO and co-founder, Akash Sinha said, “Ramkumar has extensive experience in conceptualising and implementing quality in engineering and tech processes and teams, which is essential for a fast-growing firm like Cashfree. Over the course of his career, he has led engineering operations for tech-driven companies in many industries. Ramkumar's expertise and domain knowledge will be invaluable as we develop our products and solutions to cater to a global customer base."

Venkatesan is passionate about scalability, sustainability and quality in technology and engineering teams and has a few patents in distributed systems.

Talking about his new role, he said, “India and Cashfree are at the forefront of innovation in the digital economy and payments. I am thrilled about my foray into the world of fintech with Cashfree, led by talented and ambitious individuals. Cashfree is one of the top fintechs in the country that has been enabling seamless, digital transactions through a customer-centric and innovative approach. I am looking forward to enhancing Cashfree's product offerings, market share, and technology across the globe."