Mintoak, the leading merchant software-as-a-service (SaaS) platform for payments and commerce enablement, has announced a significant step forward in its global expansion strategy. The company welcomes three seasoned industry veterans – Chayan Hazra, Marlyn Jose, and Jyoti Shankar Mishra – to its leadership team, signaling a steadfast commitment to growth and innovation.
These appointments mark a pivotal moment in Mintoak’s evolution. The company’s impressive growth trajectory and visionary leadership are further amplified by this strategic expansion beyond its Indian roots. Mintoak sets its sights on exciting new territories – Southeast Asia, the Middle East, and Africa – leveraging the success story of India’s digital payments revolution. With deep expertise in these emerging markets, Mintoak is poised to empower the global SME community.
Industry Powerhouse Trio Joins Mintoak’s Leadership Team
Chayan Hazra, the new Head of Growth, brings nearly two decades of experience in financial services and banking to the table. Based in Kuala Lumpur, Malaysia, Chayan will spearhead Mintoak’s international expansion, focusing on digital payments, regulatory compliance, and strategic partnerships. His impressive background includes leadership roles at PineLabs, Mastercard, HDFC Bank, and Deutsche Bank.
Marlyn Jose, joining as Head of Business Development, Africa, brings over 15 years of invaluable experience in banking and payments. Stationed in Johannesburg, South Africa, Marlyn’s deep understanding of the local retail landscape positions Mintoak for exceptional growth across the African continent. Her past successes include leading strategic initiatives for Mastercard EEMEA and spearheading merchant services growth for FNB South Africa.
Jyoti Shankar Mishra, assuming the role of Head of Business Development for the Middle East, brings over two decades of experience in banking and insurance across the region. Based in Dubai, Jyoti’s extensive career with brands like Standard Chartered and Dubai Islamic Bank equips him to drive Mintoak’s expansion in this dynamic market.
“We are thrilled to welcome Chayan, Marlyn, and Jyoti to the Mintoak family. Their collective experience and regional insights perfectly complement our strategic vision of expanding our global footprint. These appointments reinforce our commitment to delivering innovative solutions for empowering the SME community globally,” said Raman Khanduja, co-founder and CEO at Mintoak.
Fortifying a Global Presence
By fortifying its global reach through these strategic appointments, Mintoak not only solidifies its position as a frontrunner in merchant services but also underscores its dedication to fostering sustainable growth and building strong alliances in diverse markets.
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About Mintoak
Founded in 2017, Mintoak is the go-to merchant SaaS platform for banks, empowering them to expand their payment offerings by integrating digital business solutions. This enriched engagement enables cross-selling and delivery of valuable financial products to merchants. Mintoak’s modularized, cloud-native, API-first platform allows banks and merchant acquirers to deploy and rapidly scale value-added services (payments, lending, and engagement) to their millions of SME customers. Leading institutions like HDFC Bank, State Bank of India, Axis Bank, YES Bank (India), Absa, and Burgan Bank have implemented Mintoak’s suite of merchant payment and commerce enablement solutions. Mintoak secured a $20 million Series A funding round last year, led by PayPal Ventures with participation from British International Investment, HDFC Bank, and Pravega Ventures.
