Shailesh Paul Appointed CEO of Wibmo – PayU’s Paytech Division
Digital financial services provider PayU has announced the appointment of Shailesh Paul as the Chief Executive Officer (CEO) of Wibmo, the company’s paytech division.
Wibmo reveals that Shailesh Paul will spearhead the company’s strategic vision and execution, promoting sustainable growth and innovation. His role will be crucial in establishing strategic partnerships on a global scale, enhancing Wibmo’s position in authentication, digital identity, and fraud prevention. Under his leadership, the company will scale its secure transaction platforms and enhance risk-based decision-making solutions to meet changing market demands and regulatory challenges.
Shailesh Paul expressed enthusiasm about joining the skilled Wibmo team along with the wider PayU leadership, focusing on breaking traditional barriers to generate lasting value through trust, innovation, and excellence.
Before his tenure at Wibmo, Shailesh dedicated over 18 years to Visa, where he most recently held the position of Global Head of SMB Acceptance and previously served as Head of Merchant Acquiring for India & South Asia. His extensive experience includes multiple leadership roles in partnerships, product development, and business development, with past positions at Standard Chartered and Mastercard.
Wibmo, a subsidiary of PayU, operates in India, the US, and Indonesia. It stands as a global full-stack PayTech company, providing payment security and digital payment solutions in emerging markets. Additionally, Wibmo offers fraud and risk management solutions, digital financial services, prepaid solutions, and a diverse range of merchant-acquiring services.
PayU delivers comprehensive payment gateway solutions to online businesses and asserts that it has empowered over 5 lakh businesses, including top enterprises, e-commerce leaders, and small and medium-sized businesses (SMBs). The platform supports digital payments through more than 150 online methods, including credit cards, debit cards, net banking, EMIs, pay-later options, QR codes, UPI, wallets, and more.