Pavan Matai Joins CapitalXB as Business Head

CapitalXB Finance Pvt. Ltd., an RBI-regulated NBFC-Factor and Authorised Dealer (AD) Category III licence holder, has announced the appointment of Pavan Matai as its Business Head, strengthening the company’s leadership team as it accelerates the next phase of its growth journey.

The appointment comes as CapitalXB expands its financing platform for MSMEs, mid-market businesses and exporters while deepening partnerships across corporate ecosystems, digital platforms and institutional capital providers.

Driving Business Growth

In his new role, Matai will lead CapitalXB’s business strategy, product development, origination and strategic partnerships across its domestic and cross-border financing businesses.

He will also spearhead the company’s efforts to build a technology-enabled and risk-focused financing platform that enables businesses to unlock working capital through receivables and trade-flow financing.

The appointment reflects CapitalXB’s continued investment in strengthening its leadership as demand grows for faster, more flexible financing solutions in India’s business ecosystem.

Strengthening the Leadership Team

Commenting on the appointment, Taranjit Jaswal, Founder and CEO of CapitalXB, said the company has built strong regulatory, technology and risk foundations to address the growing opportunity in receivables-led financing.

He noted that Matai’s extensive experience across global banks, NBFCs and fintech-led lending platforms makes him well positioned to help CapitalXB scale responsibly while strengthening client relationships and strategic partnerships.

Jaswal added that the appointment will further support CapitalXB’s ambition of becoming a leading financing partner for ambitious Indian businesses.

Extensive Industry Experience

Matai brings more than 20 years of experience across corporate banking, trade finance, supply-chain finance and fintech-led lending.

During his career, he has held senior leadership roles at several leading financial institutions, including:

• HSBC
• Standard Chartered Bank
• RBL Bank
• L&T Finance

His expertise spans financing solutions for large corporates, emerging enterprises and MSMEs across industries such as:

• Steel
• Automotive
• FMCG
• Healthcare
• Renewable energy
• Agriculture

More recently, Matai played a key role in building fintech-driven credit businesses for B2B commerce platforms including Infra.Market and JSW One Platforms Ltd., where he led the NBFC business and served as a Board member.

Focus on Technology-Driven Finance

Speaking about his new role, Pavan Matai said his experience across banks, NBFCs and fintech platforms has demonstrated the critical role timely working capital plays in business growth.

He highlighted the growing opportunity to leverage receivables, supply-chain intelligence and trade-flow data to develop faster, more relevant financing solutions for businesses.

Addressing India’s Financing Needs

The appointment comes at a time when Indian exporters and businesses are facing increasing pressure from rising freight costs, insurance expenses and financing costs amid an evolving global trade environment.

CapitalXB aims to address these challenges by offering technology-driven financing solutions that improve liquidity while supporting business growth.

By combining digital capabilities with disciplined risk management, the company seeks to expand access to working capital for businesses operating across domestic and international markets.

The Bigger Industry Shift

Matai’s appointment reflects several trends shaping India’s financial services sector:

• Growing adoption of receivables financing
• Expansion of fintech-enabled lending
• Increased focus on MSME financing
• Greater integration of technology and risk management
• Rising demand for supply-chain finance solutions

As businesses seek faster and more flexible access to capital, financial institutions are increasingly investing in technology-driven financing platforms and experienced leadership.

The Bottom Line

With the appointment of Pavan Matai as Business Head, CapitalXB is reinforcing its commitment to expanding its receivables financing platform and supporting the working capital needs of Indian businesses.

Backed by extensive experience across banking, NBFCs and fintech, Matai is expected to play a key role in driving the company’s next phase of growth while strengthening its position in India’s evolving trade and business finance ecosystem.