President - Gift, Prepaid and Stored Value
Kumar is the President- Gift, Prepaid and Stored Value at Pine Labs. Kumar has 27 years of business leadership, product engineering and solution deployment expertise covering high throughput transaction processing, database management, middleware and internet technologies.
Kumar co-founded Qwikcilver in 2006, established the Company as the largest provider of Gift Card solutions in India, SEA and ME markets with over 90% market share of Gift Card Market in India, and led its successful acquisition by Pine Labs. At Pine Labs, Kumar will continue to provide leadership in the Gift, Prepaid and Stored Value business and drive its growth.
Prior to founding Qwikcilver, Kumar worked for leading Product companies such as Hewlett Packard, Verifone and Aztecsoft. While at Verifone, he developed and managed innovative products and solutions in the Payments space. At Aztecsoft, Kumar successfully engineered a number of web, middleware, and database technology products. At Hewlett Packard, Kumar managed the engineering function for multi-million-dollar product lines as part of the R&D team in Bangalore.
Kumar has extensive knowledge and experience in the Payments space, and has been involved in designing, developing, and implementing products for credit and debit payment switches and processors, stored-value payments at large financial institutions, third-party processors, and retailers. Kumar holds a Master's degree in Mathematics, and a Bachelor's degree in Computer Science from BITS Pilani, India.