BankU India Appoints Ambalika Roy as Director & Chief Business Officer to Drive National Fintech Expansion

With over 15 years of leadership experience in banking alliances, payment ecosystems, and large-scale partnership networks, Roy brings deep expertise in scaling fintech operations across public, private, and cooperative banking sectors.

She previously served as a Founder Member – Banking Alliances & Partnerships at Razorpay, and spent over 12 years at PayU, where she built strategic partnerships with PSUs, private banks, MNCs, and cooperative institutions.

Leadership Vision Backed by CEO

BankU India’s Founder & CEO, A. K. Mehra, welcomed Roy, stating: 

“Ambalika’s entry represents a new era of strategic capability and national-scale fintech leadership. Her relationships across RBI-regulated entities, banks, NBFCs, and enterprise networks will accelerate our journey toward building India’s most trusted digital inclusion infrastructure.”

BankU India currently operates over 10,000 BankU Seva Kendras and a robust 200+ API ecosystem, delivering services comparable to major CSP/CSC networks. Roy’s leadership will now steer alliance strategy, digital product expansion, and enterprise growth into the company’s next transformative phase.

Strategic Mandate as CBO

In her new role, Ambalika Roy will lead:

- National banking alliances with public, private, small finance, cooperative, and regional banks  

- Strategic partnerships with NBFCs, insurance firms, payment aggregators, and digital service providers  

- Enterprise & government projects focused on rural digitization, financial deepening, and fintech modernization  

- Expansion of BankU’s 200+ API ecosystem and B2B/B2G integration channels  

- Strengthening the BankU Seva Kendra network in Tier-2, Tier-3, and rural India  

- Driving revenue growth across payments, AEPS, lending, remittances, BBPS, and digital verification services  

Her appointment aligns with BankU’s initiative to develop next-generation financial infrastructure centered on accessibility, compliance, and innovation.

Ambalika Roy on Joining BankU

Expressing her vision, Roy said:  

“BankU India has built extraordinary momentum in digital public infrastructure, API-led capabilities, and rural financial access. I am excited to help scale its footprint across every district and create a future-ready ecosystem that empowers businesses and citizens alike.”

Reinforcing ‘Atmanirbharta Ki Nayi Udaan’

Roy’s expertise in omnichannel banking, enterprise payments, and partnership models will directly support BankU’s upcoming expansion in lending, insurance distribution, and advanced digital verification.

The company aims to build:  

- A national-level fintech ecosystem  

- A B2B + B2A service infrastructure  

- A high-compliance API stack for startups, enterprises, and government programs  

- A pan-India digital seva network reaching every village  

About BankU India Limited

BankU India is a leading fintech innovator operating across payments, identity verification, digital banking, and API-based financial infrastructure. Powered by a nationwide BankU Seva Kendra network and a scalable API marketplace, the company delivers inclusive financial solutions for urban and rural India.

With Ambalika Roy at the helm as CBO, BankU India is poised for strategic acceleration—positioning itself as India’s next major fintech institution.

• Ambalika Roy: linkedin.com/in/ambalika-roy
• A. K. Mehra: linkedin.com/in/a-k-mehra
• BankU India: linkedin.com/company/banku-india