PayU Finance, one of the leading digital lenders and NBFC body of PayU, has promoted Piyush Gupta as the company’s new Chief Data Scientist. The following move comes in view of strengthening PayU Finance’s leadership team.
In his new role, Piyush will lead the data science and artificial intelligence (AI) teams for PayU Finance to drive financial inclusion for the under-served and under-banked customers. His new responsibilities include creating and executing the data strategy goals for PayU Finance and pushing the growth to further heights for consumer business through innovation in machine learning (ML) and AI, enabling the democratization of the data and models. He will also focus on building ethical AI algorithms to build consumer insights and avoid data biases, a problem faced, especially in credit models.
“Piyush is a dynamic leader and an entrepreneur at heart. He has led the transformation of the credit business in the past year by bringing our products to more than 60+ million pre-approved customers through innovative use of data and AI models. As we move towards becoming a full-stack digital financial services platform for consumers, ML and AI will be at the forefront of innovation. I am confident that Piyush will play an instrumental role in streamlining PayU Finance’s data strategy to achieve our mission,” said Prashanth Ranganathan, CEO, PayU Finance.
Briefing more on his role, Piyush Gupta, Chief Data Scientist, PayU Finance, said, “In my new role, I will work towards the next phase of growth at PayU Finance by enabling our products to hundreds of millions of consumers and supporting our ambition of evolving from a digital credit provider to a digital consumer company in the financial services ecosystem.”
Piyush is a seasoned data science practitioner and leader with over a decade of experience in the data science industry. His previous experiences include a variety of senior positions at Citibank, PaySense, and Mu-Sigma. In his previous role at PayU Finance, serving as the Vice President of Data Science, Piyush spearheaded efforts to develop next-generation ML and AI models to accelerate the adoption of innovative consumer credit products.
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Victor is an aspiring Data Scientist & is a Master of Science in Data Science & Big Data Analytics. He is a Researcher, a Data Science Influencer and also an Ex-University Football Player. A keen learner of new developments in Data Science and Artificial Intelligence, he is committed to growing the Data Science community.