PeepalCo appoints Tushar Verma as VP – Banking & Institutional Business

CoinSwitch parent company PeepalCo appoints Tushar Verma as VP Banking and Institutional Business

CoinSwitch parent company PeepalCo announces the appointment of Tushar Verma as Vice President – Banking and Institutional Business. The appointment comes as the company continues to expand its offerings and strengthen partnerships across the financial ecosystem. At PeepalCo, Verma will focus on HNI and Institutional Business lines, drive Strategic Alliances, and curate scalable banking frameworks that strengthen operating capabilities and support business growth.

Verma, a banking and fintech player with over two decades of experience across financial services, digital banking, domestic and cross-border payment infrastructure has been in leadership roles earlier as well.

Prior to joining PeepalCo, he served as Chief Executive Officer at Bankit Technologies Pvt. Ltd. and earlier as Chief Business Officer at Niyo Solutions Inc. He has also held positions at Kotak Mahindra Bank and HSBC Bank before moving into the fintech sector. Throughout his career, Verma has driven business growth, forged partnerships, led product innovation, and executed business expansion initiatives.

Ashish Singhal, Co-founder and CEO, CoinSwitch said, “As we continue expanding our offerings, strengthening our banking and institutional capabilities remains a strategic priority. Tushar brings deep experience across banking, fintech and payments, along with a proven track record of building partnerships and scaling businesses. His expertise will be instrumental in strengthening our ecosystem relationships and supporting our next phase of growth. We are delighted to welcome Tushar to CoinSwitch.”

Tushar Verma, Vice President – Banking and Institutional Business, PeepalCo said, “CoinSwitch has built a strong foundation by focusing on simplicity and customer trust, while consistently expanding its offerings to meet the evolving needs of modern investors. I see significant opportunities to deepen collaboration across the financial ecosystem and create greater value for customers.

“I am excited to join CoinSwitch at this stage of its journey and look forward to contributing to its next phase of growth,” Verma added.