Pepper Money India strengthens leadership; appoints fintech veteran Hardeep Singh as CFO

Mumbai, July 4, 2023: Pepper Money India, a subsidiary of global consumer finance company, Pepper Group, announced the appointment of Hardeep Singh as the Chief Financial Officer (CFO). Hardeep will spearhead the financial strategy and management to accelerate the growth of the firm's India business.

The leadership appointment follows Pepper Group's recent commitment to invest USD 150mn in India to introduce personal finance products to a sizable and fast-growing market of young aspirational consumers in Tier 2 and 3 cities.

Hardeep brings over two decades of rich experience across companies like Clix Capital, GE Capital, Pine Labs, American Express, KPMG and 3SC.

Abhishek Kothari, CEO & founding member of Pepper Money India, said, "We are very excited to have Hardeep join our leadership team. Pepper Money India is gearing to transform consumer finance for Bharat and Hardeep’s rich experience of working with some of the leading payments and lending organizations will help us march towards that mission with confidence."

Hardeep Singh, CFO of Pepper Money India, said, "I am very excited to be a part of Pepper Money India. India is leading the revolution in the payment segment, and the affordable consumer credit segment is poised to grow exponentially. I aim to leverage my experience to drive consistent growth and power the team to bring alive the vision of serving the underserved"

The appointment aligns with Pepper Money India's commitment to assemble a robust leadership team to navigate the evolving business landscape and drive the company's growth.

About Pepper Money

Pepper Money is a consumer financial services business with a mission to serve the underserved. It has offices in India, South Korea, Australia, Spain, and the United Kingdom.

Pepper Money's mission in India is to bring a trusted modern financial services experience to the emerging and diverse population. The company aims to build a technology-first business with a high focus on building a strong consumer community.

Pepper Money India is a part of Pepper Group, which has USD 21 bn in assets under management (AUM) of self-generated loans via its Pepper Money brand, and a further USD 55 bn in AUM of third-party loans under credit management via its Pepper Advantage brand.