Sukeert Shanker

Sukeert Shanker is an Indian entrepreneur and businessman based in Silicon Valley.2 He is the Founder and Chief Executive Officer of Aeldra Financial, Inc., a mobile banking platform that allows non-U.S. citizens to open bank accounts in the United States.1

Professional Background

Shanker previously worked at East West Bank (EWB) from December 22, 2017, to April 30, 2019, as the Chief Operating Officer of Digital Banking.1 During his time at EWB, he was involved in the development of Velo, a global digital banking service that assists non-resident aliens in opening U.S. bank accounts without a social security number or an in-person visit.1

Founding of Aeldra

After leaving EWB, Shanker incorporated Aeldra in Delaware on October 29, 2019.1 Aeldra was publicly launched on December 10, 2020, offering what was described as a "first-of-a-kind capability" to enable global citizens to open a U.S. bank account in 5 minutes on their mobile devices from overseas.1

Legal Dispute

Shanker's former employer, East West Bank, filed a lawsuit against him on October 20, 2020, alleging that he had misappropriated EWB's trade secrets to create Aeldra, which they claim is a direct competitor to their mobile banking platform, Velo.1

Personal Information

Shanker describes himself as "eclectic" and a "new dad" on his Twitter profile.3 He received his education from The University of Chicago Booth School of Business.2

Current Role

As the CEO of Aeldra, Shanker is focused on scaling what he describes as "the first global private bank for global citizens wherever they may be".3 The company aims to serve a market estimated at $20 billion by offering seamless borderless banking services.1

Sukeert Shanker's LinkedIn username is indeed "sukeert" as mentioned in the query.2