Stashfin, a financial services platform, announced the appointment of Ranjan Agarwal as its Senior Vice President of Strategic Alliances.
In this role, Agarwal will drive Stashfin’s fintech partnerships across banks, NBFCs and other financial institutions in India, furthering the company’s mission to scale innovative lending solutions and extend credit access to underserved segments of the market.
Ranjan is a veteran of India’s banking and fintech sector with over two decades of experience. He joins Stashfin from AU Small Finance Bank, where he served as Executive Vice President and National Business Manager. During his 12-year tenure, he led the institutional lending business, disbursing loans of over ₹22,000 crores and contributing more than ₹500 crores in profit, accounting for over 20% of the bank’s overall profits. He evaluated and funded more than 200 NBFCs and fintechs, helping shape the country’s alternative credit ecosystem. Under his leadership, the portfolio consistently delivered among the lowest loss rates in the industry.
Stashfin’s founder and CEO Tushar Aggarwal, said, “Ranjan will strengthen internal and external coalitions and take Stashfin to greater heights. Ranjan’s industry experience will enhance Stashfin’s unique position among customers and partners We remain committed to serving the credit needs of the underserved segments and bringing in some of the best talents in the country to accelerate that mission.”
Founded in 2016, Stashfin is a financial services platform that provides financial products & services for millions of borrowers across India. Having secured more than ₹6,000 crore through multiple rounds of equity and debt funding from global marquee investors like Uncorrelated Ventures, Fasanara Capital, Tencent, Abstract Ventures, Altara Ventures, Kravis Investment Partners, and Snow Leopard, Stashfin provides affordable financial products to borrowers in India to meet their credit needs.
Over the past year, the platform has witnessed 10× growth in business volumes, crossed 20 million registered users, and recorded over 40 million app downloads. Stashfin is transitioning into offering a full suite of financial products and aims to unlock new lending partnerships, embedded finance models, and co-lending opportunities that deepen its impact across Tier 2 & 3 markets.
