Bengaluru-based unicorn startup Perfios hires Rajesh Kini as its new CFO

Bengaluru-based B2B SaaS fintech startup Perfios today announced the appointment of Rajesh Kini as its new Chief Financial Officer (CFO).

In the past year, Perfios made three other key appointments, including Sridhar Narayan as Chief Business Officer (CBO), Sumit Nigam as Chief Technology Officer (CTO), and Anu Mathew as Chief People Officer (CPO).

These strategic additions are part of Perfios' preparations to drive its next phase of growth and global expansion.

Who is Rajesh Kini?

Rajesh is a Chartered Accountant and holds a bachelor's degree in commerce from St. Joseph College of Commerce, Bengaluru. 

Rajesh brings over 25 years of experience in financial leadership, having previously worked with Infosys, where he served as the CFO of their product subsidiary and led the Corporate Accounting Group.

The startup said that his extensive financial expertise and strategic acumen are well aligned with its vision and financial strategy to drive sustainable growth.

What does Perfios do?

Founded in 2008, Perfios is a global B2B SaaS company serving the banking, financial services and insurance industry in 18 countries, empowering 1000+ financial institutions. 

The startup helps financial institutions to take big leaps by shaping their origination, onboarding, decisioning, underwriting and monitoring processes at scale and speed.

It claims to deliver 8.2 billion data points to banks and financial institutions yearly to facilitate faster decisioning and significantly accelerate access to credit and financial services for their clients' customers.

Enhancing the company's financial performance

The appointment of Rajesh Kini is part of Perfios’ broader strategy to strengthen its financial and operational framework. Rajesh will play a crucial role in enhancing the company's financial performance, improving margins, and optimizing operational efficiency. 

His experience will be pivotal in guiding Perfios through its global expansion plans, as the company aims to broaden its reach in the financial technology sector both in India and globally.

“We are delighted to welcome Rajesh to the Perfios family. His deep financial expertise and proven leadership in driving growth and financial efficiency will be instrumental as we embark on our next phase of expansion. Rajesh’s strategic insights and experience will greatly enhance our financial strategy and help us achieve our vision of transforming the financial technology landscape both in India and globally," said Sabyasachi Goswami, CEO of Perfios.

What did Rajesh Kini say?

“Joining Perfios at such a pivotal time is truly exciting for me. Perfios is a remarkable made-in-India-for-the-world brand that exemplifies the potential of our innovations in the financial sector. The company’s achievements in the financial technology domain are outstanding, demonstrated by their strong collaborations across all major BFSI institutions in the country," Kini remarked.

"I look forward to working with the talented team at Perfios to further optimize our financial efficiency, enhance financial governance, drive strategic investments and maintain sustained profitability and growth for the future," Kini added.

Earlier this year, Perfios reportedly joined the unicorn startup club after raising $80 million in funding from Teachers’ Venture Growth (TVG), the late-stage investment arm of the Ontario Teachers’ Pension Plan.