CredoLab Boosts Executive Team with New Global Head of Sales, Tarun Kumar Kalra
October 2, 2018
CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans expansion in US and other markets
Singapore, October 2, 2018: CredoLab, the leading SaaS-based alternative credit scoring fintech provider based out of Singapore, announced the hiring of Tarun Kumar Kalra to their executive leadership team. Tarun Kumar Kalra joins as senior vice president & head of global sales and will be based at the company’s global HQ in Singapore. The former Cisco executive will be responsible for deepening client engagements in APAC and leading CredoLab’s global expansion and market reach.
Tarun joins CredoLab from Cisco where he was leading the Software go-to-market for Partners across the Asia Pacific & Japan region. Tarun has previously held sales leadership roles in leading IT organisations, including Infosys, HCL Technologies, Mphasis, and Nucleus Software. The London School of Economics alumnus has over 19 years of experience in expanding businesses and helping enterprises innovate and disrupt in the digital marketplace.
On his latest appointment, Tarun said, “I am excited to be part of CredoLab, a fintech company with solutions that are uniquely positioned at the intersection of data analytics, artificial intelligence, and digitisation. The opportunities ahead of us are tremendous as we look to digitise the financial services lending marketplace and strengthen the risk and credit framework for banks and financial institutions while driving greater financial inclusion for the underbanked and unbanked.” “My immediate focus would be on expanding our direct sales and channel reach to India, China, the Middle East, Latin America, and Africa, with a deep emphasis on profitable customer acquisition as we execute our market expansion strategy,” Tarun added.
CredoLab, the fintech company that aims at empowering the underbanked and unbanked with creditworthiness, is investing hugely in expanding its team and business after its latest funding from established global venture capital firm Walden International.
Peter Barcak, CredoLab co-founder and chief executive officer, commented, “We are immensely delighted to have Tarun onboard. He brings with him not only years of experience in scaling businesses but also a strategic mindset on how the rapidly evolving technology landscape can help banks and other financial institutions improve their services.” Regarding CredoLab’s plans for the rest of the year, Barcak said, “CredoLab is at a great momentum with all our numbers – be it the number of clients, scores generated, employees, or offices – being on the rise. It’s a great place to be at and we are more than sure we will enter the new markets with a great splash.”
Established in 2016, CredoLab is backed by regional fintech venture capital firm Fintonia Group, and FORUM, the largest fintech venture builder in Emerging Asia, in addition to Walden International.