Veefin expands banking strategy with senior advisor and fintech veteran Niraj Vedwa

November 26, 2025 by Miles Harding
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Veefin Solutions is strengthening its leadership as it pushes further into global transaction banking. The company has appointed Niraj Vedwa as Senior Advisor to its Advisory Board to support its expansion and product evolution.

Vedwa brings more than 40 years of experience in banking technology and enterprise transformation. He has held senior roles such as Global Head of Banking at Tech Mahindra. Other positions include APAC Director at Temenos AG and Chief Operating Officer at Nucleus Software.

Niraj currently serves as an independent director at XacBank in Mongolia and leads Acceleric FZ LLE in the UAE, advising banks and fintech firms on digital strategy and innovation.

From SCF to full banking

The appointment comes as Veefin transitions from a core focus on Supply Chain Finance to a wider transaction banking platform. The company is expanding its services to include digital lending, cash management, trade finance, and corporate digital banking. These offerings are designed to meet growing demand from financial institutions across Asia, the Middle East, Africa, and Europe.

Niraj’s global experience in banking technology and enterprise transformation comes at a pivotal time for Veefin… his strategic guidance will strongly accelerate our… global expansion.

Raja Debnath

Managing Director and Co-Founder Raja Debnath said the appointment arrives at a key moment for the company. His statement highlighted Vedwa’s role in strengthening product depth, improving governance and supporting global market growth. Vedwa also shared confidence in Veefin’s direction, citing its clear product vision and solid technical base as reasons for joining.

Scaling integrated solutions worldwide

Beyond leadership changes, Veefin continues to build integrated solutions for lenders and enterprises. Its platforms not only support supply chain finance but also enable automated accounts payable and receivable, trade finance, and intelligent credit decisioning through flexible, low-code systems.

Veefin Solutions Ltd, listed on the BSE SME platform, operates from Mumbai with offices in Singapore, the UAE, Nigeria, and Bangladesh. This expanding footprint aligns with its goal of developing one of the largest working capital ecosystems worldwide.

Miles Harding

Miles Harding

1001 Articles

Miles Harding is a financial journalist and market analyst with over a decade of experience covering global markets, investment trends, and personal finance. Known for breaking down complex economic issues into clear, actionable insights, Miles has written for a variety of leading publications and online platforms. When he’s not dissecting stock charts or analyzing economic policy, he enjoys exploring new tech startups, reading history, and hunting for the perfect cup of coffee.

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