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Milind Singh
co-founder xare, tech, finance
Milind Singh is a prominent figure in the fintech industry, best known as the co-founder of Xare, a financial technology company that aims to revolutionize the way people share and manage money.16
Professional Background
Milind Singh has been working in the technology industry since 1999.4 He began his career as an Account Manager at Infosys Technologies, which laid the foundation for his future endeavors in the tech sector.4
Entrepreneurial Journey
Rise
In 2017, Milind Singh co-founded Rise with Padmini Gupta.1 Rise is a fintech company that focuses on democratizing access to financial services, particularly for migrants worldwide.1 The company started by offering bank accounts and later expanded to include insurance services and buy-now-pay-later options tailored for migrants.1
Xare
Building on their experience with Rise, Singh and Gupta identified a need for better cross-border spending management tools.1 This led to the development of Xare, their newest venture, which was launched in January 2021.1 Xare aims to eliminate the need for traditional remittances and has gained significant traction in emerging markets such as Bangladesh, India, and the Philippines.1
Professional Qualities
Milind Singh is described as a strategic thinker with an exceptional ability to solve complex problems.2 He is known for his skill in framing difficult issues and identifying innovative solutions.2 As an entrepreneur, Singh is focused on fundamentally disrupting the financial services sector by enabling anyone, anywhere to function as a bank.3
Vision and Impact
Singh and his team at Xare are working towards creating a more inclusive and community-driven financial world.1 They envision a future where financial services are more accessible, compassionate, and empowering for individuals to help each other.1 The COVID-19 pandemic has further reinforced their belief in the power of communities to support one another, which is reflected in Xare's mission.1
Milind Singh continues to be an influential figure in the fintech space, driving innovation and working towards reshaping the future of financial services.57