SINGAPORE, January 7, 2025 – 101 Digital, a leading innovator in digital banking solutions, has appointed Sachin Rajat Sharma as its Chief Commercial Officer. With over 20 years of experience across Southeast Asia, India, and the Middle East, Sharma brings a proven track record in driving innovation and business transformation within the banking, payments, and insurance sectors.
Founded in 2018 by Rana Peries and Rajiv Ellepola, 101 Digital has been instrumental in delivering cutting-edge solutions to financial institutions across Africa, the UK, Southeast Asia, and beyond. The company’s offerings include embedded finance, greenfield digital banks, and digital transformation initiatives for traditional banks.
In his new role, Sharma will lead 101 Digital’s global growth strategy, focusing on market expansion, strengthening partnerships, and delivering innovative value propositions. His appointment marks a critical step in the company’s plans to deepen its impact in key markets and transform the digital banking landscape.
Before joining 101 Digital, Sharma served as Chief Product & Commercial Officer at Audax Financial Technologies, where he co-founded the firm and successfully scaled its operations to serve multiple enterprise clients within its first year. Notable achievements include launching nexus, an award-winning Banking-as-a-Service platform, and introducing several industry-first innovations in digital banking.
Rana Peries, Co-founder and Chief Product Officer of 101 Digital, expressed enthusiasm about Sharma’s appointment, stating, “Sachin’s expertise in digital transformation and commercial strategy will be pivotal as we continue empowering financial institutions with state-of-the-art solutions. His vision aligns seamlessly with our mission to shape the future of banking.”
Rajiv Ellepola, Co-founder and Director of Delivery, added, “Sachin’s extensive work in driving new business models for banking perfectly complements 101 Digital’s vision of large-scale banking transformation. We’re excited to have him lead our next phase of growth.”
Commenting on his new role, Sharma said, “I am thrilled to join 101 Digital at this exciting time. As financial institutions increasingly adopt embedded finance and digital-first strategies, 101 Digital is uniquely positioned to lead this transformation. I look forward to working with the talented team to drive meaningful change for our clients and their customers.”