slice appoints Amazon Pay's Bhawna Sangwan as chief legal and strategy officer

Lending and consumer payments company slice has announced the appointment of Bhawna Sangwan as its chief legal and strategy officer, said a statement issued today.

Sangwan joins the company at a critical juncture in its growth trajectory, as it expands its product offering with UPI payments and aims to become a one-stop solution for all things payments.

She will be instrumental in strengthening the company’s legal and compliance function and regulatory processes in a rapidly changing market. Consumer protection, corporate governance, regulations, statutory compliance, responsible lending, and expansion strategies will be among her top priorities.

“I am excited to join this young, dynamic and energetic company which is redefining possibilities in the consumer fintech space. I am looking forward to being a big part of the firm's next phase of growth in the payments segment," said Sangwan.

With over 17 years of experience, she specialises in corporate law, with deep expertise in corporate finance, fintech regulations and payments. She also brings extensive experience in the fintech space, having worked in policymaking, regulatory compliance, privacy and cross-border data governance.

She started her career at GE where she was instrumental in leading the compliance programme. She has also held several legal positions at companies like Bharti Airtel and Amazon. At Airtel, she played a significant role in acquiring a payments license in 2009, took part in multiple M&A deals, and was also one of the founding members of Airtel Money in 2008.

Most recently, she concluded her stint at Amazon where she played a critical role in the expansion of the company, and in building the fintech arm of Amazon in India - including bill payments, UPI, launched a variety of products ranging from payments acceptance, issuance, co-branded cards and so on.

“Bhawna has joined the team at a time when we are strategising our expansion into the payments segment. As the market continues to evolve, we must have impactful leaders who can guide the business through not only a solid product portfolio but also adapt to changing government regulations, ensuring consumer protection and data and privacy mandates. Bhawna will play an important role in enabling us to operate with the highest standards of ethics for sustained and responsible long-term success in the market," said Rajan Bajaj, founder and CEO of slice.

The firm's investors include Tiger Global, Moore Strategic Ventures, Blume Ventures, and Gunosy Capital. It has cumulatively raised $290 million in its series A, B and ongoing C rounds.