Latest news with #YubiGroup
Yahoo
22-05-2025
- Business
- Yahoo
Yubi Group Strengthens MENA Leadership with Appointment of Banking Veteran Suvo Sarkar to its Advisory Board
DUBAI, UAE, May 22, 2025 /PRNewswire/ -- Yubi Group, today announced the appointment of Suvo Sarkar, a distinguished leader in global banking and digital transformation, to its Advisory Board in Middle East and North Africa (MENA). With over 36 years of experience across Asia and the Middle East, Mr. Sarkar's appointment reinforces Yubi's strategic focus on driving innovation and expanding its footprint in the region. Suvo Sarkar is the Founder & CEO of 3D Advisory, a boutique consultancy specializing in digitization, data, and design for financial services. A recognized industry thought leader, he brings deep expertise in retail banking, wealth management, and digital innovation. His illustrious career includes serving as Senior Executive Vice President & Group Head of Retail Banking and Wealth Management at Emirates NBD, where he spearheaded the bank's digital transformation and launched Liv., the Middle East's first digital lifestyle bank. Currently, Mr. Sarkar holds advisory roles with global institutions, including Senior Advisor at McKinsey & Company, Executive Advisor to Mastercard, and Chairman of IBM's MEA Advisory Board. He also hosts the acclaimed Money Majlis podcast and serves on boards for Abu Dhabi University, Middle East Venture Partners (MEVP), and fintech startups like NewBridge Fintech. On this remarkable development, Gaurav Kumar, Founder & CEO, Yubi Group commented, "We are honored to welcome Suvo Sarkar to the Yubi MENA Advisory Board. A luminary in global banking, Suvo has been instrumental in architecting the modern financial services landscape of MENA through decades of visionary leadership. As Yubi accelerates its strategic investments and cements its regional presence, Suvo's unparalleled expertise will be pivotal in advancing our mission to redefine debt infrastructure and empower economies at scale." Upon taking up the advisory role, Suvo Sarkar stated, "Yubi's mission to revolutionize debt infrastructure through advanced technology mirrors the next frontier of financial innovation in MENA. Having witnessed the evolution of banking across decades, I see Yubi as a catalyst for redefining how capital flows in this dynamic region. This partnership is not just about growth—it's about shaping a legacy of financial inclusivity and digital-first solutions that will empower institutions and economies for generations." Mr. Sarkar's contributions have earned him global recognition, including: Lifetime Achievement Award (Retail Banker International, 2020) Digital Leader of the Middle East (MIT Sloan Review, 2017) Retail Banker of the Year (Asian Banker, 2015) An alumnus of IIT (ISM) Dhanbad (Gold Medalist) and IIM Calcutta (Glaxo Medal in Marketing), he has also completed executive programs at Stanford, INSEAD, and Oxford. About Yubi Group: Yubi is the world's only technology company powering the full debt lifecycle. Founded in 2020 by CEO Gaurav Kumar, Yubi's unified infrastructure streamlines debt origination, risk assessment, and collections through AI/ML-driven platforms. Backed by top-tier investors including Peak XV, Lightspeed, and Insight Partners, Yubi has facilitated over ₹1.5 lakh Cr in debt volume, serving 17,000+ enterprises and 6,200+ investors & lenders while slashing collections costs by 57%. In MENA, the company has partnered with several leading financial institutions including Emirates NBD, RAKBANK, Dubai Islamic Bank, and Emirates Islamic Bank among others. With a mission to democratize credit access, Yubi is reshaping global finance into an inclusive, transparent ecosystem. Learn more: Photo: View original content to download multimedia: SOURCE Yubi
Zawya
22-05-2025
- Business
- Zawya
Yubi Group strengthens MENA leadership with appointment of banking veteran Suvo Sarkar to its Advisory Board
DUBAI, UAE/PRNewswire/ -- Yubi Group, today announced the appointment of Suvo Sarkar, a distinguished leader in global banking and digital transformation, to its Advisory Board in Middle East and North Africa (MENA). With over 36 years of experience across Asia and the Middle East, Mr. Sarkar's appointment reinforces Yubi's strategic focus on driving innovation and expanding its footprint in the region. Suvo Sarkar is the Founder & CEO of 3D Advisory, a boutique consultancy specializing in digitization, data, and design for financial services. A recognized industry thought leader, he brings deep expertise in retail banking, wealth management, and digital innovation. His illustrious career includes serving as Senior Executive Vice President & Group Head of Retail Banking and Wealth Management at Emirates NBD, where he spearheaded the bank's digital transformation and launched Liv., the Middle East's first digital lifestyle bank. Currently, Mr. Sarkar holds advisory roles with global institutions, including Senior Advisor at McKinsey & Company, Executive Advisor to Mastercard, and Chairman of IBM's MEA Advisory Board. He also hosts the acclaimed Money Majlis podcast and serves on boards for Abu Dhabi University, Middle East Venture Partners (MEVP), and fintech startups like NewBridge Fintech. On this remarkable development, Gaurav Kumar, Founder & CEO, Yubi Group commented, "We are honored to welcome Suvo Sarkar to the Yubi MENA Advisory Board. A luminary in global banking, Suvo has been instrumental in architecting the modern financial services landscape of MENA through decades of visionary leadership. As Yubi accelerates its strategic investments and cements its regional presence, Suvo's unparalleled expertise will be pivotal in advancing our mission to redefine debt infrastructure and empower economies at scale." Upon taking up the advisory role, Suvo Sarkar stated,"Yubi's mission to revolutionize debt infrastructure through advanced technology mirrors the next frontier of financial innovation in MENA. Having witnessed the evolution of banking across decades, I see Yubi as a catalyst for redefining how capital flows in this dynamic region. This partnership is not just about growth—it's about shaping a legacy of financial inclusivity and digital-first solutions that will empower institutions and economies for generations." Mr. Sarkar's contributions have earned him global recognition, including: Lifetime Achievement Award (Retail Banker International, 2020) Digital Leader of the Middle East (MIT Sloan Review, 2017) Retail Banker of the Year (Asian Banker, 2015) An alumnus of IIT (ISM) Dhanbad (Gold Medalist) and IIM Calcutta (Glaxo Medal in Marketing), he has also completed executive programs at Stanford, INSEAD, and Oxford. About Yubi Group: Yubi is the world's only technology company powering the full debt lifecycle. Founded in 2020 by CEO Gaurav Kumar, Yubi's unified infrastructure streamlines debt origination, risk assessment, and collections through AI/ML-driven platforms. Backed by top-tier investors including Peak XV, Lightspeed, and Insight Partners, Yubi has facilitated over ₹1.5 lakh Cr in debt volume, serving 17,000+ enterprises and 6,200+ investors & lenders while slashing collections costs by 57%. In MENA, the company has partnered with several leading financial institutions including Emirates NBD, RAKBANK, Dubai Islamic Bank, and Emirates Islamic Bank among others. With a mission to democratize credit access, Yubi is reshaping global finance into an inclusive, transparent ecosystem.
Yahoo
22-05-2025
- Business
- Yahoo
Yubi Group Strengthens MENA Leadership with Appointment of Banking Veteran Suvo Sarkar to its Advisory Board
DUBAI, UAE, May 22, 2025 /PRNewswire/ -- Yubi Group, today announced the appointment of Suvo Sarkar, a distinguished leader in global banking and digital transformation, to its Advisory Board in Middle East and North Africa (MENA). With over 36 years of experience across Asia and the Middle East, Mr. Sarkar's appointment reinforces Yubi's strategic focus on driving innovation and expanding its footprint in the region. Suvo Sarkar is the Founder & CEO of 3D Advisory, a boutique consultancy specializing in digitization, data, and design for financial services. A recognized industry thought leader, he brings deep expertise in retail banking, wealth management, and digital innovation. His illustrious career includes serving as Senior Executive Vice President & Group Head of Retail Banking and Wealth Management at Emirates NBD, where he spearheaded the bank's digital transformation and launched Liv., the Middle East's first digital lifestyle bank. Currently, Mr. Sarkar holds advisory roles with global institutions, including Senior Advisor at McKinsey & Company, Executive Advisor to Mastercard, and Chairman of IBM's MEA Advisory Board. He also hosts the acclaimed Money Majlis podcast and serves on boards for Abu Dhabi University, Middle East Venture Partners (MEVP), and fintech startups like NewBridge Fintech. On this remarkable development, Gaurav Kumar, Founder & CEO, Yubi Group commented, "We are honored to welcome Suvo Sarkar to the Yubi MENA Advisory Board. A luminary in global banking, Suvo has been instrumental in architecting the modern financial services landscape of MENA through decades of visionary leadership. As Yubi accelerates its strategic investments and cements its regional presence, Suvo's unparalleled expertise will be pivotal in advancing our mission to redefine debt infrastructure and empower economies at scale." Upon taking up the advisory role, Suvo Sarkar stated, "Yubi's mission to revolutionize debt infrastructure through advanced technology mirrors the next frontier of financial innovation in MENA. Having witnessed the evolution of banking across decades, I see Yubi as a catalyst for redefining how capital flows in this dynamic region. This partnership is not just about growth—it's about shaping a legacy of financial inclusivity and digital-first solutions that will empower institutions and economies for generations." Mr. Sarkar's contributions have earned him global recognition, including: Lifetime Achievement Award (Retail Banker International, 2020) Digital Leader of the Middle East (MIT Sloan Review, 2017) Retail Banker of the Year (Asian Banker, 2015) An alumnus of IIT (ISM) Dhanbad (Gold Medalist) and IIM Calcutta (Glaxo Medal in Marketing), he has also completed executive programs at Stanford, INSEAD, and Oxford. About Yubi Group: Yubi is the world's only technology company powering the full debt lifecycle. Founded in 2020 by CEO Gaurav Kumar, Yubi's unified infrastructure streamlines debt origination, risk assessment, and collections through AI/ML-driven platforms. Backed by top-tier investors including Peak XV, Lightspeed, and Insight Partners, Yubi has facilitated over ₹1.5 lakh Cr in debt volume, serving 17,000+ enterprises and 6,200+ investors & lenders while slashing collections costs by 57%. In MENA, the company has partnered with several leading financial institutions including Emirates NBD, RAKBANK, Dubai Islamic Bank, and Emirates Islamic Bank among others. With a mission to democratize credit access, Yubi is reshaping global finance into an inclusive, transparent ecosystem. Learn more: Photo: View original content to download multimedia: SOURCE Yubi Sign in to access your portfolio
Zawya
05-05-2025
- Business
- Zawya
Ajman Bank partners with Yubi MENA to support business banking customers
Ajman Bank, one of the leading financial institutions in the MENA region, has announced a partnership with Yubi MENA to deliver seamless SME trade working capital, supply chain finance, and other value-added services to clients. The collaboration aims to expand SME market penetration by leveraging Yubi's advanced technology platform & strong domain expertise. The Yubi Group is the world's only technology company powering the end-to-end debt lifecycle. As part of this partnership, Yubi is activating its corporate loans & supply chain financing platform - Yubi Enterprise Credit Market for Ajman Bank. This enterprise financing marketplace enables seamless access to credit for businesses through a 100% digital & hassle-free process. The partnership announcement event was attended by Faizal Kundil, Head of Consumer Banking – Ajman Bank; Gaurav Kumar, Founder & CEO of Yubi; Jyoti Ranjan, Head of Business Banking – Ajman Bank; Mohammed Mardas, Head of Distribution – Ajman Bank; and Sivakumar Rajakkannu, Senior Vice President and Head of Yubi Enterprise Credit Market, MENA. Faizal Kundil, Head of Consumer Banking at Ajman Bank, stated, 'Banks have to work with fintech firms rather than consider them competition. We are in the midst of a journey towards digital transformation, and this collaboration will enhance our SME finance offering to customers in that space.' Gaurav Kumar, CEO of Yubi, commented, 'We are delighted to partner with Ajman Bank to power the SME ecosystem through cutting-edge technology and innovative financial solutions. Our mission is to make access to finance seamless and faster for SMEs, and this partnership marks a significant step towards achieving that goal in the UAE and beyond.' The collaboration reflects Ajman Bank's commitment to empowering SMEs with advanced technological tools and greater access to finance, fostering a culture of innovation and fintech partnership in the region. About Ajman Bank Ajman Bank is an Islamic bank with an ambitious vision based on values of integrity, trust and transparency seeks to provide a wide range of Sharia-compliant and high-quality banking services to customers from individuals, companies and government institutions across the UAE. It is also keen to be updated with the latest technology that will ensure customers a distinctive experimental banking with the revival of human touch that is lost in the modern era of banking application. Ajman Bank is headquartered in Ajman and enjoys the strong support of the Government of Ajman and is a key pillar in the emirate's economic development strategy. The bank continues its tireless efforts to establish a prominent position in the banking sector as a sustainable Islamic banking institution, with an emphasis on the need to achieve an optimal balance in the community and caring staff, in order to provide real value for shareholders and customers alike. About Yubi The Yubi Group, valued at $1.5 billion is the world's only technology company powering the end-to-end debt lifecycle. Founded in 2020 by CEO, Gaurav Kumar, Yubi's technology infrastructure, risk evaluation, and collections platforms facilitate every stage of the flow of money from lenders to borrowers and back to lenders. Yubi's full stack digitised debt platform is based on the principle of interoperability - i.e. through a single integration, a lender can access a cross-section of debt products across Loans, Supply Chain Finance, Digital Lending, AI/ML Based Data Solutions, Securitisation and Collections enabling non linear growth for lenders. The company is backed by esteemed investors like Peak XV, Lightspeed, Lightrock, TVS Capital, B Capital Group, Dragoneer Investment Group, and Insight Partners, among others. Today, Yubi facilitates over $16 Billion in debt volumes, serving 17,000+ enterprises and 6,200+ investors & lenders while reducing collections costs by 57%. With a mission to deepen the debt market and democratize capital flow, Yubi is transforming the financial landscape, fostering inclusivity, and building a transparent and responsible ecosystem for all.
