New Delhi: MufinPay, the digital payments arm of Hindon Mercantile Limited and a holder of the prestigious Prepaid Payment Instrument (PPI) license, has appointed Jagjeet Singh as its new National Sales Head. In this strategic role, Jagjeet will lead the company’s Sales & Distribution strategy across India, focusing on building a robust national network and advancing MufinPay’s mission of enhancing financial accessibility and inclusion throughout the country.
With over 22 years of leadership experience in top-tier organizations, Jagjeet brings invaluable expertise to the table. His career began at Wimco Limited, followed by significant roles at Oxigen, Vodafone, and Idea, where he played a key part in driving the brands’ growth. At Spice Money, he managed state operations, and at RNFI Services, he excelled in developing key account sales strategies, with a strong focus on advancing digital financial inclusion in rural India.
Founded in 2022 as a division of Hindon Mercantile Limited, MufinPay has quickly become one of India’s leading innovators in the digital payments sector. Notably, it is the fourth Non-Banking Financial Company (NBFC) in India to secure a PPI license, underscoring its commitment to redefining financial solutions through secure, technology-driven, and user-friendly payment systems that empower both individuals and businesses.
Commenting on Jagjeet’s appointment, Kapil Garg, Group Promoter at Hindon Mercantile, stated: “Jagjeet’s extensive experience in leading large sales teams across prominent Indian companies will be instrumental in driving MufinPay’s growth in the evolving fintech landscape. His strategic vision and leadership will undoubtedly propel us toward achieving new milestones in Sales & Distribution excellence.”
Expressing his enthusiasm, Jagjeet Singh shared: “I am excited to join MufinPay at such a transformative time in the digital payments industry. My focus will be on expanding our distribution strategy, driving innovation, and building high-performing teams across India. Together, we will pave the way for remarkable achievements, delivering seamless financial solutions and reshaping the digital payments ecosystem.”
With a strong emphasis on innovation, security, and ease of use, MufinPay is committed to revolutionizing how consumers and businesses manage their finances. Positioned at the forefront of India’s fintech revolution, the company aims to bridge the gap between technology and financial accessibility, offering seamless, secure, and innovative solutions to millions across the nation.
