Working capital technology platform CredAble has announced the appointment of Kapil Kapoor as chief technology officer (CTO).

A technology leader with over two decades of industry experience building and scaling enterprise, B2B, and B2C digital products in various sectors such as edtech, ecommerce, and fintech, Kapoor has led multi-country, cross-functional digital engineering teams across Asia, Europe, and North America. 

Before joining CredAble, he was the CTO of European multinational Loylogic, a technology provider of loyalty currency-based ecommerce and payments. He also held key technology leadership roles such as engineering director in PTC Inc.

“CredAble is offering the critical digital infrastructure for working capital management in India, and soon in its new international markets through its innovative technology platform and products. I am looking forward to rapidly scaling their strong technology differentiation with cloud, API, agility, data science, and cybersecurity as core foundations of innovation and technology strategy,” said Kapoor on his appointment. 

In this new growth phase of CredAble, Kapoor will lead the scaling of the engineering, cloud operations, and security functions for further digital transformation and innovation in business, the fintech platform said in a statement.

 “Kapil’s expertise in building scalable technology products and his wide experience leading world class technology teams will be invaluable as CredAble enters its next phase of growth. He has been a visionary technology leader and we are privileged that he chose to partner with CredAble. Kapil will lead our globalisation efforts as we foray into South East Asia, the Middle East, and African markets and will help to roll-out technology platforms across financial eco-systems in these markets while continuing to build next generation technology stacks and products and scale our current offerings,” said Nirav Choksi, CEO, CredAble.

As an umbrella platform for all working capital solutions, CredAble caters to the working capital requirements of India Inc which includes large, mid, emerging corporates, MSMEs, and financial institutions.