PayU India names Shantanu Preetam as Chief Technology Officer

Shantanu Preetam

Digital payments solution provider PayU has appointed of Shantanu Preetam as its new Chief Technology Officer. As a part of his new role, Preetam will be based out of Bengaluru and head technological innovations and engineering at PayU.

Shantanu PreetamHe holds more than two decades of experience around software products and driving digital transformation strategy.

In its official communiqué the firm names Shantanu an expert in creating “customer-first” technology solutions. The statement also states that he has led several omni-channel and e-commerce platforms, transportation systems enabling fulfilment & last mile, and CRM systems for Fortune 100 companies & start-ups. Prior to this appointment, he was associated with Walmart where he helped in developing the core e-commerce systems, driving end-to-end cloud transformation and facilitating growth.

Also Read: PayU acquires wealth tech startup Fisdom

Commenting on the appointment, Anirban Mukherjee, CEO, PayU India said, “The country is moving towards a cashless economy and the fintech industry is rapidly evolving with digital payments playing a crucial role as an engine of economic growth.  One of our key focus areas going forward for PayU is omni-channel solutions, to enable merchants to offer flexible offline-to-online solutions. PayU’s market leadership position is powered by cutting edge technology.”

“PayU India welcomes Shantanu to the company and we are confident he will play an integral part in achieving our vision to build a full-fintech ecosystem – offering a set of inter-related services to meet all the financial needs of consumers and merchants on a single platform. Shantanu joining PayU will pave the way for our next phase of growth in the region through innovations focussed on payments, credit, and fintech investments,” added.

Shantanu Preetam, Chief Technology Officer, PayU India said, “Digital payments, once a convenience, have become a necessity in these times. Today, the fintech ecosystem is at an inflection point and it is more of a disruptor than just a growth driver. I am excited to be part of PayU, one the foremost pioneers of innovation in financial technology landscape.”

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