New Delhi, 19 May 2022: Indifi Technologies, India’s leading ecosystem based lending platform for MSMEs, has brought on board Mr Sam Hodges as a strategic advisor. Mr Hodges, is the CEO & Co-Founder of Vouch Insurance, a venture-backed insurance business focused on serving the needs of startups & high-growth companies. He has been a serial entrepreneur and investor with two decades of experience in working with high-growth financial technology companies. At Indifi, Mr. Hodges will be working with the management & other stakeholders to provide guidance on key strategic & operational matters.
He has previously served as the co-founder and Managing Director (US) for Funding Circle (FCH.L), a leading global lending platform for small businesses, where he helped scale the U.S. operation to over $1.5B in originations, serving thousands of small businesses. Over the course of his career, Mr. Hodges has helped build several other financial technology companies & presently apart from Vouch Insurance, Mr. Hodges serves on the board of two other organisations.
Commenting on the appointment, Mr Hodges said, “In the last 5 years, India has made landmark progress in terms of setting up one of the world’s best public digital infrastructures. This has led to incredible opportunities for founders and innovators to build data-led models that challenge the status quo and can scale across sectors. It’s heartening to see the sustained progress Indifi has made leveraging the same towards enabling access to credit for the underserved Indian MSMEs through its ecosystem-based & digital-first lending approach. I am excited to join hands with Indifi to further this mission and look forward to contributing towards creating value for its customers and other stakeholders”
Alok Mittal, CEO & Co-Founder, Indifi Technologies, said, “We are delighted to have Sam join us on the advisory board. He brings with him a deep understanding of the fintech space & experience in scaling organisations focussed on small businesses. We believe that Indifi can benefit immensely from his rich & varied international experience, in its endeavour to build scale. We look forward to doubling down on both our growth and inclusivity momentum under his guidance.”
Indifi also recently added Mr. Rajnish Kumar, former Chairman of the State Bank of India, to its Advisory board. With a unique ecosystem based approach to lending. Indifi leverages partnerships with digital platforms and ecosystems that MSMEs already are on, to enable end to end digital underwriting, mitigating the inteherent road-blocks of digital know-how, lack of business vintage, collaterals and more.
