InstaReM Announces Appointment of Nilesh Pathak as its New Chief Technology Officer

InstaReM, global digital payment provider announces the appointment of veteran technologist Nilesh Pathak as its Chief Technology Officer (CTO).

The induction of Nilesh is aimed at strengthening InstaReM’s existing technology capabilities, while developing new ones. As CTO, Nilesh will lead InstaReM’s technology teams divided between India and Lithuania, driving the firm’s technology strategy, architecture, development as well as infrastructure & development operations to strengthen InstaReM’s global technology framework.

Nilesh joins InstaReM from J P Morgan Chase & Co., where he headed the 200+ strong Regulatory Technology Group for 4 years. Prior to J P Morgan, Nilesh had been one of the co-founders of Visualize Technologies (now LBi India), where he was responsible for growing the digital marketing firm from a single-digit team to a 100+ strong organisation. Nilesh has also worked with organisations like Isobar, Rave Technologies and the Centre for Development of Advanced Computing in various capacities.

Nilesh comes with more than 20 years’ of experience in building high-quality software for various domains and using wide range of methodologies, technologies, languages, tools and frameworks. A seasoned IT professional, Nilesh has achieved significant milestones through his eventful career, working with global firms.

Says Prajit Nanu, Co-founder and CEO of InstaReM: “With its core FX technology capabilities and strong banking partnerships globally, InstaReM has strongly established its presence as a digital cross-border money transfer fintech of choice in Southeast Asia. Technology is central to our business and we were looking for someone with deep understanding of financial transactions, technology and global regulatory environment. With his strong credentials, I am confident Nilesh will successfully drive InstaReM’s technology capabilities to the next level.”

Says Nilesh, “I am quite excited about my new role at InstaReM, a fintech start-up that is disrupting the cross-border money transfer business with its innovative business model. With my extensive experience, I am looking forward to strengthen InstaReM’s technology back-end for a frictionless cross-border money transfer experience to individuals as well as corporates and SMEs.”

To learn more about the leadership team at InstaReM visit https://www.instarem.com/en-au/about-us