Mumbai, Jun 4 (KNN) Mumbai-based fintech startup CASHe announced major expansion plans on Monday, including the launch of a new technology centre of excellence in Hyderabad and hiring 300 additional employees this year.

CASHe, which currently employs 550 people across facilities in Hyderabad and Mumbai, aims to strengthen its presence in India's burgeoning fintech sector. 

The company provides digital financial services including lending, insurance and wealth management solutions.

The new Hyderabad tech hub will drive CASHe's engineering and product capabilities. 

It is slated to open by Q3 2025 and will host teams across lending, insurance, wealth management and other key operational areas like data science, machine learning, DevOps and credit/collections.

"We are expanding our teams and infrastructure to meet increasing demand for our fintech solutions," said CEO Yashoraj Tyagi. "The new Hyderabad facility will allow us to substantially increase our workforce to support our growing business and customer base."

Of the 300 new roles, half will be based in the Hyderabad center of excellence. 

Open positions span technology disciplines like software engineering, data, cloud operations as well as business roles in product, credit analysis and more.

The major hiring and infrastructure investment underscores CASHe's ambitions in India's competitive digital finance market. 

The startup will compete for talent against both established banks and fintechs also ramping up technology hiring.

(KNN Bureau)