Akhilesh Jha Joins Jupiter Money as Senior Vice President for Banking and Partnerships

Jupiter Money has announced the appointment of Akhilesh Jha as its new Senior Vice President for Banking and Partnerships. With over two decades of experience in retail banking, digital strategy, and financial partnerships, Jha will now play a critical role in strengthening Jupiter’s platform and extending its impact across India’s fast growing digital banking ecosystem.

Before joining Jupiter, Akhilesh Jha held senior roles at leading institutions like DBS Bank, Axis Bank, and Yes Bank. Most recently, he served as Head of Retail Banking Portfolio at DBS, where he led key initiatives around portfolio growth and customer acquisition through digital first models. His move to Jupiter signals the company’s intent to deepen its banking alliances while scaling new product offerings in the fintech space.

Jupiter Money, which has quickly emerged as a user friendly neobank tailored to India’s millennial and Gen Z consumers, is now expanding aggressively across tier two and tier three cities. The platform aims to bridge the gap between traditional banking and intuitive, tech powered financial experiences. Jha’s entry is timed with Jupiter’s push into new areas like credit cards, prepaid wallets, and enhanced UPI integration.

In a recent development, Jupiter collaborated with CSB Bank to launch a RuPay credit card embedded with UPI features and attractive cashback rewards. It also received approval from the Reserve Bank of India to introduce a prepaid wallet functionality. These innovations come in addition to its core offering, a smart savings account built in partnership with Federal Bank that allows users to manage debit cards, mutual funds, payments, and investments all within a single app.

Jha’s role will focus on forming and nurturing these kinds of strategic alliances. His experience working at the intersection of banks and fintechs positions him uniquely to lead conversations around collaboration, compliance, and customer centric innovation. Speaking on his appointment, Jha expressed his enthusiasm for Jupiter’s vision and commitment to user first finance.

He noted that today’s financial ecosystem presents a unique opportunity for traditional banks and digital platforms to work together. Fintechs like Jupiter bring technology, design thinking, and agility, while banks provide regulatory stability and scale. By joining forces, they can deliver smarter, more rewarding financial experiences that benefit customers and institutions alike. Jha added that he is excited to help shape these partnerships and push forward a new era of digital first banking in India.

Jupiter Money’s leadership sees Jha’s arrival as a key milestone. According to President Rohit Kumar Pandey, Jha brings not only deep sector knowledge but also a future focused mindset that blends the rigour of traditional banking with the innovation of fintech. His leadership is expected to help Jupiter continue building a robust financial ecosystem that is secure, inclusive, and responsive to the evolving needs of Indian consumers.

As Jupiter prepares for its next phase of growth, Akhilesh Jha’s appointment marks a strong step forward in aligning strategic intent with operational excellence. His expertise will be central in navigating regulatory shifts, scaling infrastructure, and building win win alliances with partner banks and financial institutions across the country.

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