Scienaptic, an AI driven credit underwriting platform company, announced that Rakesh Agrawal has joined as its Senior Product and Technology leader. Rakesh will be responsible for enhancing Scienaptic's product capabilities and driving the next phase of product innovations. 

Rakesh is a tech stalwart, with over 27 years of experience spanning across Banking, Telecom, Mobile technology and Fintech. In the last 15 years, he has held leadership roles in technology and product development for global financial institutions such as JPMorgan Chase and Finastra. His notable contributions for financial institutions include the first core banking product migration to public cloud, launching a Data Analytics product, and transforming a sunset product to double digit growth. 

"We feel very fortunate to have Rakesh on board," said Pankaj Kulshreshtha, Scienaptic's Founder and CEO. "He brings a unique combination of deep engineering experience and financial services knowledge. Combined with his team building experience, I believe we have a leader that would enable Scienaptic to scale." 

"Scienaptic is one of those rare companies to have truly revolutionized credit through technology. It is an organization led by a purpose – to make a positive, meaningful impact that matters, and I couldn't be more delighted to have been chosen as its technology leader," Rakesh added. "The opportunity ahead for Scienaptic is vast. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly." 

Rakesh has a B.Tech (Computer Science) degree from VNIT, Nagpur and MBA (Finance & Marketing) from Ohio State University - Columbus, Ohio. 

About Scienaptic: 

Scienaptic is a world's leading AI powered Credit Underwriting Decisioning platform company. Designed by seasoned CROs, its platform is creating industry leading business impact in terms of lifts such as higher approvals (15-40%) and lower credit losses (10-25%) with all the regulatory explainability vis-à-vis Bureaus, FICO etc. Scienaptic's clients include Fortune 100 banks, community banks and Fintechs.