BankU India Limited, one of the country’s fastest-growing fintech innovators, has announced a major leadership enhancement with the appointment of Ambalika Roy as its new Director & Chief Business Officer (CBO). The move marks an important milestone in the company’s mission to expand digital financial inclusion, strengthen nationwide partnerships, and accelerate the growth of India’s next-generation fintech ecosystem.
With over 15 years of specialised experience in banking alliances, payment systems, digital infrastructure, and high-scale partnership networks, Ambalika Roy brings deep industry insight and strategic expertise to BankU India’s leadership team. Her entry signals a transformative phase for the company’s ambitions across rural, semi-urban, and enterprise-driven digital finance.
A Proven Fintech Leader Joining BankU India
Before joining BankU India, Ambalika held senior leadership positions at India’s top fintech institutions. She played a crucial role as Founder Member – Banking Alliances & Partnerships at Razorpay, where she helped scale high-impact financial integrations and enterprise partnerships across the country. Prior to Razorpay, she spent over 12 years at PayU, building strategic relationships with PSU, private, cooperative, and multinational banks, shaping India’s emerging payment and omnichannel banking landscape.
Her expertise covers a broad spectrum:
- Payment gateway strategy
- BNPL and digital lending ecosystems
- TSP & merchant operations
- Omnichannel banking growth
- API integrations and enterprise product scaling
- Rural and semi-urban financial service expansions
This combination of experience uniquely positions her to guide BankU India through its next era of growth.
Leadership Endorsement from BankU India’s CEO
Commenting on her appointment, A.K. Mehra, Founder & CEO of BankU India Limited, said:
“Ambalika’s addition to our leadership team represents a new era of capability and trust for BankU India. Her longstanding relationships across banks, NBFCs, fintech operators, and enterprise networks will significantly strengthen our mission to build India’s most reliable financial inclusion infrastructure. We proudly welcome her as Director & Chief Business Officer.”
BankU India currently operates 10,000+ BankU Seva Kendras and a rapidly growing API infrastructure catering to businesses, startups, rural consumers, and enterprise government networks. Ambalika’s leadership is expected to accelerate alliance building, digital product innovation, and nationwide service expansion.
Strategic Responsibilities as Director & CBO
In her new role, Ambalika Roy will lead and optimize key national functions, including:
1. Banking & Financial Partnerships
Building and strengthening collaborations with PSU banks, private banks, small finance banks, cooperative banks, and regional rural banks.
2. Enterprise & Government Integrations
Driving B2B and B2G partnerships, rural digitization programs, and government-aligned financial modernization initiatives.
3. API & Digital Product Expansion
Scaling BankU India’s robust 200+ API marketplace to serve fintechs, enterprises, and digital startups.
4. Pan-India Seva Network Strengthening
Expanding BankU’s footprint across Tier-2, Tier-3, and rural India to deepen accessibility and financial empowerment.
5. Revenue Portfolio Growth
Overseeing strategic growth across payments, AEPS, BBPS, lending, remittances, identity verification, and digital banking stacks.
Ambalika Roy’s Vision for BankU India
Expressing her excitement, Ambalika Roy shared:
“BankU India has created remarkable momentum in digital public infrastructure and API-led fintech solutions. I’m inspired by the company’s mission to take financial services to every district of India. Together, we aim to build future-ready fintech capabilities that empower citizens, businesses, and partners across the nation.”
Her expertise in omnichannel banking, partnerships, and enterprise digital transformation will significantly contribute to BankU India’s vision of ‘Atmanirbharta Ki Nayi Udaan’—a self-reliant India empowered through accessible digital finance.
About BankU India Limited
BankU India Limited is emerging as one of India’s most dynamic fintech companies, specializing in digital payments, identity verification, API-based banking solutions, and nationwide financial access services. With a strong presence through its BankU Seva Kendras and expanding API marketplace, the company aims to build a scalable, inclusive, and innovation-led fintech ecosystem for both urban and rural India.
With the onboarding of Ambalika Roy as Director & CBO, BankU India now enters a powerful new phase of strategic acceleration—aimed at becoming one of India’s next major fintech institutions.
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