Mumbai-based digital payments fintech Phi Commerce has announced the appointment of two senior industry leaders as part of its growth strategy to strengthen its payment aggregator-payment gateway (PAPG) and technology solutions businesses.
The latest leadership appointments at Phi Commerce include Sachin Koneri as Business Head – Technology Solutions and Vishal Maru as Senior Vice President, Product Strategy and Growth.
The company said these appointments come at a time when enterprises are increasingly looking for integrated payment, merchant acquiring, issuing, and value-added technology solutions to support their digital transformation initiatives.
Sachin Koneri joins Phi Commerce with more than two decades of experience across digital payments, merchant acquiring, banking, corporate sales, and relationship management.
Over the course of his career, he has led large-scale business expansion initiatives, established high-performing sales organisations, and driven merchant acquisition and revenue growth across several leading financial institutions in India.
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Before joining Phi Commerce, Sachin held leadership roles at SBI Payment Services, YES Bank, HDFC Bank, Via, ING Vysya Bank (now Kotak Mahindra Bank), and Global Trust Bank.
In his new role, he will lead Phi Commerce’s technology solutions business, with a focus on expanding merchant acquiring, issuing solutions, strategic partnerships, and enterprise payment capabilities.
Vishal Maru brings over two decades of experience in product management, digital payments, financial services, and business growth.
During his career, he has played a key role in building and scaling payment products, driving innovation, and enabling business transformation across organisations.
As Senior Vice President, Product Strategy and Growth, Vishal will lead Phi Commerce’s product vision, innovation roadmap, and go-to-market strategy.
The company expects his leadership to support the next phase of growth across enterprise payments and digital commerce solutions.
Rajesh Londhe, Co-founder, Phi Commerce, said: “The convergence of payments, commerce, merchant acquiring, and value-added technology services is creating new opportunities for innovation.
Sachin’s experience in building merchant ecosystems and driving Issuance business expansion, combined with Vishal’s expertise in product strategy and innovation, will further strengthen our ability to deliver differentiated solutions to enterprises and financial institutions.”
