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EarlySalary.com appoints Vimal Saboo as chief business officer
MUMBAI: EarlySalary.com, a mobile app that gives instant cash has announced the appointment of Vimal Saboo as the company’s Chief Business Officer (CBO). This is a strategic hire as part of the company’s growth plans post the launch in February this year.
Vimal Saboo is a Chartered Accountant and comes with an experience of 18 years in banking & credit domain. At EarlySalary.com, he will focus in building Credit Risk Profiling System and spearhead Credit Risk, Underwriting & Operations. EarlySalary today boasts of 10 minutes underwriting and is planning to build Real-Time Credit Approval Engines and Loan Approval Systems. His exposure to such business in the past will be a big boost to the business.
Commenting on the appointment, EarlySalary.com co-founder and CEO Akshay Mehrotra said, “We are thrilled to have Vimal Saboo join the leadership team and look forward to his strategic contribution to our continued transformation of becoming a leading FinTech player in India. He brings with him a legacy of outstanding experience in the finance business that will be instrumental in the growth of our business.”
“FinTech is on the edge of disrupting the Banking Ecosystem, I am very glad to be part of EarlySalary and believe that Technology will disrupt the way lending business is done in India with the help of usage of various analytical technology e.g. Artificial Intelligence, neural network, etc. In India, these technologies are at a nascent stage but use of such technologies is increasing rampantly. One such distinguished example has been set by EarlySalary.com, by solving the cumbersome process of getting loans from banks. I am excited to join the team and look forward to working with them to help realize the company’s mission of becoming a leading FinTech company in India”, added Saboo.
Prior to joining EarlySalary.com, Saboo was associated with Edelweiss group as the senior vice president, Axis Bank as the vice president and head-analytics, ICICI Bank as the chief manager, and L&T-John Deere Ltd. With Axis Bank, he was liable for entire credit decisioning, formulating policies relating to credit card sourcing, authorization center and analytics function for the cards team. While at ICICI Bank, he was exposed to all functions of credit card operations.
eNews
PNB partners Kiwi to launch credit-enabled UPI for users
Targets 180 million customers; RuPay card offers 0.5 per cent to 1.5 per cent cashback
MUMBAI: Swipe, tap, or scan credit is quietly slipping into the rhythm of everyday payments, and Punjab National Bank wants in on the action. The state-run lender has partnered with Kiwi to roll out credit-enabled UPI payments for its 180 million customers, marking a significant push to blend traditional banking with India’s fast-evolving digital payments ecosystem.
At the centre of the collaboration is the launch of the PNB Kiwi Credit Card on the RuPay network. The card is designed with a digital-first approach, offering fully online onboarding and seamless integration with UPI, allowing users to transact via scan-and-pay while accessing credit.
The offering also brings in a rewards layer, with cashback ranging from 0.5 per cent to 1.5 per cent on online transactions, positioning the product as both a convenience play and a spending incentive.
The move comes as UPI continues to dominate India’s digital payments landscape, increasingly blurring the lines between debit-led transactions and credit access. For PNB, which operates over 10,000 branches around 60 per cent in semi-urban and rural areas, the partnership signals a targeted effort to extend formal credit to segments that have traditionally remained underserved.
The collaboration also reflects a broader industry shift, where banks and fintech platforms are converging to embed credit directly into payment flows, reducing friction while expanding access.
With RuPay credit cards gaining traction and UPI evolving beyond peer-to-peer transfers, the PNB–Kiwi tie-up positions both players at the intersection of scale, accessibility, and the next phase of digital finance in India.
