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July 14, 2021Blog Posts

Fintech startup Melio hires JPMorgan Chase digital payments executive

Reuters

Melio, a New York-based startup that offers payment tools for small businesses, has hired Prashant Gandhi, a JPMorgan Chase & Co managing director and Chase’s former head of digital payments, the company said.

As chief business officer, Gandhi will be in charge of increasing the startup’s business with financial institutions and software companies, Melio said.

At JPMorgan, Gandhi helped to build a team that managed digital payment products used by the bank’s retail and small business customers.

Prior to joining the U.S.’s largest bank, Gandhi spent 16 years at McKinsey & Co, where he was a partner and helped to launch a new practice called McKinsey Digital as the global chief operating officer.

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