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Experience: Jupiter · Education: ICAI · Location: Mumbai · 500+ connections on LinkedIn. View Jitendra Gupta’s profile on LinkedIn, a professional community of 1 billion members.
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- 50K
- ICAI
- Jupiter
- Why A Neobank?
- What Building A Neobank in India Entails
- Jupiter’s Present and Future
Jitendra was convinced that “Indian customers were fatigued with their existing banks, their processes, experiences, mindsets, and behaviour”. So, any service that was simpler, quicker, and different would be welcomed. Also, Jitendra wanted to build a business that would go beyond a transactional relationship with customers. Jitendra explains, “Bot...
India’s banking sector is so heavily regulated that building anything new is arduous. More so, if your long-term vision is to disrupt age-old banking systems. “It is impossible to disrupt an HDFC or an ICICI overnight.It will take ages to build that kind of trust. You have to constantly innovate to build that,” Jitendra says. Add to that the enormo...
Neobanking has primarily two segments: consumers and SMEs. While the likes of Open, NiYo, Razorpay X, Yono by SBI, etc. are competing for SMEs, which have historically been underserved by banks, Jupiter is laser-focused on retail customers. Last November, it released a micro-lending (‘Buy Now Pay Later’) app Bullet, which offers consumers small-tic...
Dec 5, 2023 · Prior to that, Jitendra Gupta founded a company as well, named Citrus Payment Solutions Pvt. Ltd. Besides, he was also the Chief Manager and the Regional Sales Manager of ICICI Bank where he worked for a total period of seven years.
Dec 13, 2023 · In late 2010, Jitendra founded Citrus Pay to provide payment solutions to merchants and consumers at a time when the majority of Indians were scarcely using the Internet for their payment needs.
Jitendra Gupta has 4 current jobs including CEO & Co-Founder at Jupiter, Founder at Digifin, and Investor at Cityfurnish. Additionally, Jitendra Gupta has had 1 past job as the Founder at Citrus Payment Solutions.
- Male
- Jupiter, Digifin, Cityfurnish, Lazypay
Jun 21, 2021 · Gupta, who co-founded CitrusPay (sold to Naspers’ PayU) and served as managing director of PayU, has been thinking about these challenges for more than two years.
Mar 28, 2022 · Founded in early 2019, Jupiter is a digital bank - a neobank - whose innovative platform allows its members to open bank accounts digitally, manage their finance, and get AI-supported insights into their spending and saving habits.
