BKN301 Group has appointed Mahesh Paolini-Subramanya as its new Chief Technology Officer (CTO). He brings extensive experience to the role, having worked at various tech companies and digital banks in the past.
Facts
- Mahesh Paolini-Subramanya has over three decades of experience in the industry, previously serving as CTO at Klar, a digital bank in Mexico, and BlockFi, a platform providing banking products and cryptocurrency accounts.
- At BKN301, he will be responsible for developing the platform and solutions and ensuring the company’s global process vision and capability as it aims to scale.
- Stiven Muccioli, the founder and CEO of BKN301, believes that Paolini-Subramanya’s experience will accelerate the company’s growth in high-growth markets and lead to faster, more efficient, and responsive solutions.
- BKN301 is expanding its presence in the Middle East and North Africa (MENA) region. It recently opened an office in Cairo, Egypt, to capitalize on the country’s significant growth in the use of digital financial solutions.
- Egypt has seen a 147% increase in the number of users with bank accounts, digital wallets, and prepaid cards between 2016 and 2022, reaching more than 42 million users.
- BKN301 views its presence in Egypt as a strategic move to be part of the country’s financial inclusion objectives and engage with the North African economy.
