Loney Antony

Loney Antony is a prominent figure in the Indian financial technology sector, currently serving as the Vice Chairman and founder of Hitachi Payment Services Pvt. Ltd.1 His career highlights and contributions include:

Professional Background

Loney Antony has extensive experience in the payment services industry. He was previously the Managing Director and Co-Founder of Prizm Payment Services Pvt Ltd, which was later acquired by Hitachi.4

Role at Hitachi Payment Services

Leadership Position:: Antony was elevated to the position of Vice Chairman and Mentor at Hitachi Payment Services in March 2019.3 This promotion came as part of a leadership transition within the company.

Company Impact:: Under his leadership, Hitachi Payment Services has achieved significant market share in India:

• 24% market share of ATMs under management
• 26% market share of POS (Point of Sale) systems under management1

Contributions to Digital Payments in India

Antony has been instrumental in driving digital payment adoption in India:

1. He has focused on developing a variety of payment solutions, encompassing both cash and digital methods.1
2. The company has been at the forefront of building an ecosystem for advanced Digital Payment Solutions in India.1
3. Under his guidance, Hitachi Payment Services has contributed to the growth of digital payments, which have increased fourfold in three years.1

Strategic Partnerships

Antony has played a key role in forming strategic partnerships, notably:

• A joint venture with the State Bank of India (SBI) in January 2019, aimed at creating a next-generation digital payment platform.1

Vision and Future Focus

Antony emphasizes the importance of promoting digital adoption as a key area of focus for the company moving forward.1

LinkedIn Profile

His LinkedIn profile can be found under the username loney-antony-5661401, and he is based in Mumbai, Maharashtra, India.2