Mumbai: PeepalCo, the parent company of CoinSwitch, has announced the appointment of Tushar Verma as Vice President – Banking & Institutional Business, reinforcing its leadership capabilities as the company continues to expand its offerings and deepen partnerships across India’s financial ecosystem.
In his new role, Tushar will lead High Net Worth Individual (HNI) and Institutional Business lines, drive strategic alliances and develop scalable banking frameworks aimed at strengthening operational capabilities and supporting long-term business growth.
The appointment comes at a time when PeepalCo is focused on broadening its financial services footprint and building stronger ecosystem relationships across banking, fintech and institutional segments.
A seasoned banking and fintech professional with more than two decades of experience, Tushar brings expertise spanning financial services, digital banking, payments infrastructure and business leadership.
Prior to joining PeepalCo, he served as Chief Executive Officer at Bankit Technologies Pvt. Ltd. and earlier held the position of Chief Business Officer at Niyo Solutions Inc. His career also includes leadership roles at Kotak Mahindra Bank and HSBC Bank before transitioning into the fintech sector.
Over the years, Tushar has led business expansion initiatives, built strategic partnerships, introduced product innovations and scaled growth across diverse financial services businesses.
Commenting on the appointment, Ashish Singhal, Co-founder and CEO, CoinSwitch, said “As we continue expanding our offerings, strengthening our banking and institutional capabilities remains a strategic priority. Tushar brings deep experience across banking, fintech and payments, along with a proven track record of building partnerships and scaling businesses. His expertise will be instrumental in strengthening our ecosystem relationships and supporting our next phase of growth. We are delighted to welcome Tushar to CoinSwitch.”
Verma said “CoinSwitch has built a strong foundation by focusing on simplicity and customer trust, while consistently expanding its offerings to meet the evolving needs of modern investors. I see significant opportunities to deepen collaboration across the financial ecosystem and create greater value for customers. I am excited to join CoinSwitch at this stage of its journey and look forward to contributing to its next phase of growth.”
