Falcon appoints ex-banker Chinmaya Desai as chief commercial officer
Embedded finance start-up Falcon has appointed Chinmaya Desai as Chief Commercial Officer.
In this role, he will be responsible for leading sales, business development and increasing the company’s strategic presence in the Asia Pacific, Middle East and Africa (APMEA) region. Desai has an extensive career spanning over 16 years in transaction banking and digital payments. As a key founding member of RBL Bank’s Banking-as-a-Service business, Chinmaya transformed the Cards and API Banking division into a revenue hub and led key start-up fintech partnerships for the bank since its inception.
Falcon co-founder Prabhtej Bhatia said, “Chinmaya was an early mover in the fintech ecosystem and is well respected by founders and CXOs as a go-to person for fintech solutions. He brings a wealth of payment processing experience and has led several projects from the ground up. He is the ideal person to make Falcon the de facto integrated financial platform for the APMEA region.
Prior to that, Chinmaya worked as Director of Strategy, International Payments at FIS Global. During his tenure, Chinmaya led numerous initiatives and partnerships for prepaid and credit program management, digital device innovation and fraud risk management in APMEA markets, with a focus on growth term and net income.
Commenting on his appointment, Desai said, “Integrated finance is a very exciting area that is brewing in the industry. In the days to come, this will be the go-to-market strategy of choice for all types of businesses that want to be extremely nimble in delivering fintech solutions tailored to the needs of their customers. I was an early proponent of creating ecosystems that make adopting technology simple and straightforward and that’s where I find resonance with Falcon.
February 07, 2022