Sep 17: Aye Finance Limited, a new-age NBFC focused on providing business loans to micro enterprises, announced the appointment of Nishit Shrivastava as its Chief Technology Officer. In his new role, Nishit will lead Aye Finance’s technology strategy and drive the next phase of technology-led transformation as the company continues to scale its lending operations and deepen its presence in India’s underserved micro-enterprise segment.
Nishit brings over 24 years of experience in software development and financial services technology, with extensive experience across fintech, digital transformation, technology strategy, and enterprise platforms. Prior to joining Aye Finance, he served as Chief Information and Technology Officer at Muthoot Fincorp, where he led technology initiatives spanning customer experience, data engineering, modern infrastructure, digital transformation, security, technology resilience, and enterprise AI.
At Aye Finance, Nishit will focus on strengthening the company’s technology architecture and digital capabilities, with an emphasis on building scalable, secure and resilient platforms. He will also play a key role in leveraging data, AI and emerging technologies to enhance technology-enabled lending, improve operational efficiency and support better customer experience.
Commenting on the appointment, Sanjay Sharma, Managing Director, Aye Finance, said:
“We are delighted to welcome Nishit to the Aye Finance leadership team. Technology has always been central to how we serve India’s micro-enterprises. As we enter the next level of growth, the ability to integrate intelligent models and build scalable technology platforms will become even more important. Nishit’s deep experience across financial services technology, digital transformation and enterprise-scale technology initiatives will be valuable as we continue to strengthen our technology capabilities and deliver greater efficiency and customer value.”
On his appointment, Nishit Shrivastava, Chief Technology Officer, Aye Finance, said:
“Aye Finance has built a differentiated lending model by combining technology, data and a deep understanding of the micro-enterprise ecosystem. I am excited to join at a time when technology is playing an increasingly important role in making credit more accessible, efficient and responsive. I look forward to working with the team to build technology capabilities that can scale with the business, strengthen digital and data-led decision-making, and create a secure and seamless experience for Aye Finance’s customers.”