Payments provider Razorpay recently announced the appointment of former American Express India CFO Arpit Chug as its new Chief Financial Officer (CFO).

In his new role, Arpit will be responsible for scaling up Razorpay’s lending arm, Razorpay Capital, as well as the platform's neo-banking platform, RazorpayX.

The company said Arpit would also play an important role in growing Razorpay's core payments business and assist in launching new business verticals.

Arpit Chug, Chief Financial Officer, Razorpay, said,“Having been in financial services since my start, I think the sector is at its exciting best.

Currently the payments business forms 70 percent of Razorpay’s revenue and the neo-banking platform, Razorpay X, along with Razorpay Capital, forms the remaining 30 percent. | To read full story, visit https://startuparound.com/read/1576918806.652947/Razorpay-appoints-former-American-Express-executive-Arpit-Chug-as-CFO?ref=audio_experience