S. Kumar Srivatsan
Entrepreneur, Investor, Founder and CEO, OptaCredit
S Kumar Srivatsan is a chartered accountant and company secretary. He’s worked with Royal Bank of Scotland and Ernst & Young. He gave up his lucrative career in consulting to startup OptaCredit, an alternative digital lending platform. Through artificial intelligence and advanced analytics, Kumar hopes to democratize credit by making it more accessible to individuals and businesses with little or no documented credit history.
Most banks still collect physical documents, which makes doing a real-time analysis of financial statements and salary slips impossible.
Just like India skipped the landline phenomenon and went straight to the mobile revolution, Fintech is likely to go digital.