In a bold stride toward international expansion, Paytm has appointed Ramana Kumar A as the Chief Executive Officer of its Middle East operations an announcement that signals the company’s deepening commitment to shaping the future of digital payments beyond Indian borders. With over two decades of leadership experience in fintech, banking, and payment ecosystems, Kumar’s entry into Paytm marks not just a new chapter for the brand but also a strategic milestone in the rapidly evolving Middle East digital economy. Formerly the founding CEO of Magnati a fintech entity under First Abu Dhabi Bank Kumar brings a wealth of regional expertise and a proven track record of modernizing payment infrastructure across the UAE.
Under his leadership, Paytm’s Middle East vision is set to align local needs with global innovation, driven by scalable, secure, and intuitive technology. This aligns seamlessly with the company’s broader ambition to enable seamless financial services in emerging markets. Kumar’s mission is clear: to forge strong regulatory relationships, empower ecosystem partners, and offer unmatched value through Paytm’s robust platform—technology that has already transformed how India transacts.
Vijay Shekhar Sharma, Founder and CEO of Paytm, emphasized the importance of strong regional leadership, noting Kumar’s deep understanding of merchant ecosystems and his ability to scale fintech solutions across diverse landscapes. Kumar himself echoed this sentiment, expressing excitement about building a world-class payments ecosystem that addresses the dynamic demands of consumers and businesses alike in the UAE and beyond.
As digital transformation accelerates across the Middle East, this move positions Paytm as not just a participant but a pioneer poised to deliver impactful innovations that reshape how value is exchanged in a hyper-connected world. This is more than an appointment it’s a declaration of intent, and a reaffirmation of Paytm’s vision to be a global leader in the next wave of financial technology.
