Venugopal Choudhary profile photo

Venugopal Choudhary

Building Modern Payment Processing Stack as CTO & CBO for Credit+ at Pine Labs | Senior Technology Executive | Payments & Fintech | AI & Cloud Innovator | Startup Founder with Successful Exits

Mumbai, Maharashtra, India·Pine Labs
1,093 connections
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About

Versatile and accomplished CTO/CIO and CEO with 24+ years of leadership experience in the payments and fintech ecosystem across multiple countries, building and scaling high-performance technology platforms and digital products. Successfully bootstrapped and exited two startups, focused on digital payments, acquiring platforms, and financial technology solutions. A visionary leader and technologist, known for delivering strategic innovation across unsecured lending and end-to-end payment systems, including credit card issuing/acquiring, prepaid and debit cards, direct debit, and merchant acquiring. Demonstrated expertise in leveraging AI and machine learning to enhance fraud detection, risk management, and customer personalization in fintech environments. Proven track record in designing and deploying cloud-native platforms (AWS, Azure, GCP), enabling scalable, secure, and agile digital infrastructures. Experienced in managing complex, large-scale SDLC lifecycles, project planning and delivery, and cross-functional technology teams across global markets. Adept at digital transformation, service delivery, requirements analysis, and aligning technical innovation with business strategy. A strategic thinker and effective communicator, known for building strong partnerships, fostering innovation, and consistently delivering growth through emerging technologies and operational excellence.

Experience

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Chief Business Officer & Chief Technology Officer - Credit+

Pine Labs · Full-time

Nov 2023 - Present · 2 yrs 6 mos·India

In my role as Chief Business Officer & Chief Technology Officer at Pine Labs, I am spearheading the development of a cutting-edge payment processing platform, integrating modern technology with conventional payments wisdom. An API first payment platform with ease of integration and differentiated payments features, Credit+ is poised to be a magnet for banks and FIs globally looking for a next generation payments platform. This initiative has laid the groundwork for a successful and rapidly growing processing business for both acquiring and issuing at Pine Labs in India. I am • Leading the end-to-end responsibility and ownership of building a next-generation stack and platform for payment processing backbone at Pine Labs. • Instrumental in the 0 to 1 journey for payment processing, setting a strong foundation for a successful and rapidly growing processing business. • Building a world-class stack for powering various B2B and B2C payment use cases, harnessing the power of prepaid solutions.

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Chief Technology Officer Issuing Business

Pine Labs · Full-time

Mar 2022 - Present · 4 yrs 2 mos

As the Chief Technology Officer at Pine Labs, I spearheaded the technology and services delivery for the prepaid and issuing business post the acquisition of QFIX Infocomm. My role involved leading the technology team, implementing cutting-edge solutions, and ensuring the smooth operation of services to drive business growth.

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Founder and Managing Director

Qfix Infocomm Private Ltd. · Full-time

Sep 2015 - Feb 2022 · 6 yrs 6 mos·Mumbai Area, India

As the Founder and Managing Director of Qfix Infocomm Private Ltd., I founded and spearheaded the growth of a profitable startup in the online payment industry, growing from 0 to a team of 90+ and overseeing annual payment collections of INR 4000CR+. My strategic focus on developing vertical aligned features for specific sectors led to the successful acquisition of QFIX by Pine Labs in February 2022.

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Vice President

First Data Corporation

Nov 2014 - May 2015 · 7 mos·Mumbai Metropolitan Region

Responsible for build, manage and grow end to end management of First Data/ICICI Merchant Services end to end merchant acquiring across India and South East Asia countries. Role involved driving innovation in merchant acquiring platforms and solutions across all these gwographies. Responsible for setting up and growing issuing managed services and processing capability in FIrst data India for large banks using VisionPLUS. Role involved innovation on the issuing platform as well as setting up of the First Data issuing processing capability in India

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Director

First Data Corporation

Apr 2008 - Oct 2014 · 6 yrs 7 mos

Responsible for building and managing issuing and acquiring platforms across multiple geographies. Instrumental in building a processing centre for First data in China for banks providing processing services on Vision PLUS and other First Data platforms to banks across the region. In First Data India, led the end to end architecture, build, deployment and operations of end to end merchant acquiring platform for First Data India (ICICI Merchant Services) and as well as managed the platforms for First data Merchant services across SEA regions. Built the VisionPLUS managed services capability and support for large banks in India doing card issuing on VisionPLUS platform. end to end responsibility for the service delivery to all issuers using First data platforms from the region.

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senior application architect

First Data Corporation

Nov 2005 - Mar 2008 · 2 yrs 5 mos
K

senior consultant

Kanbay

Jul 2000 - Oct 2005 · 5 yrs 4 mos
C

Senior consultant

Capgemini

2000 - 2005 · 5 yrs

Education

M

Manipal Academy of Higher Education

B.E., electrical and electronics, electrical and electronics

1996 - 2000

Venugopal Choudhary — Building Modern Payment Processing Stack as CTO & CBO for Credit+ at Pine Labs | Senior Technology Executive | Payments & Fintech | AI & Cloud Innovator | Startup Founder with Successful Exits | HeyAgent