Veteran Banker Appointed CEO of India’s First AI-Powered Credit Exchange

By a Staff Reporter: In a move aimed at making business loans more accessible, CreditX Finkart, India’s first AI-driven credit exchange, has appointed seasoned banker Shubhankar Sengupta as its new CEO. The platform is set to open new opportunities in the lending sector for Micro, Small, and Medium Enterprises (MSMEs) across the country.

Sengupta brings over 30 years of experience in inclusive finance and institutional lending. He was the founder and CEO of Arohan Financial Services and served as Senior Vice President at ESAF Small Finance Bank. His career has been marked by significant contributions in expanding credit access to underserved communities. Sengupta is also a founding board member of MFIN, the self-regulatory body for NBFC-MFIs.

CreditX is building a cutting-edge platform that will connect banks, Non-Banking Financial Companies (NBFCs), microfinance institutions, and fintech firms. By integrating loan discovery, verification, disbursement, and collection under a technology-driven framework, the company aims to simplify lending for entrepreneurs in the MSME sector. It is already in the process of onboarding major financial institutions to the platform.

Commenting on his new role, Sengupta said, “Today, there is a unique opportunity to address the MSME credit gap by blending intelligence, inclusion, and technology. CreditX has brought these elements together through an AI-powered infrastructure, and I am proud to lead this journey”.

According to CreditX, its model will leverage alternative data, predictive analytics, and regulatory compliance to transform inclusive lending practices nationwide.