Paywallet is the only full life-cycle payroll-linked SaaS platform providing easy to integrate APIs to its clients for various lending use-cases.


Improve financial security through greater access to credit, affordable pricing and control in transactions between individuals and financial companies.


Develop journey-based solutions to improve transparency, approval and certainty of repayment for our clients and their target customers.

About our company

Paywallet is a payroll-linked payment and identity solution provider that clients can use to expand borrowing and purchasing power of their customers.

As software developers, we've been amazed by all the ways people have embraced technology to improve their financial lives.

We've taken our 200+ years of combined experience in financial technology to bring Paywallet to market.

Built in a lending incubator, Paywallet improves access to and lowers the cost of borrowing to consumers and merchants.

Paywallet is the only full life-cycle payroll-linked SaaS platform providing easy to integrate APIs to its clients for various lending use-cases.

Paywallet places the borrower firmly and transparently in control of sharing their employment, financial records and identity data for credit decision-making.

Paywallet technology enables clients to verify employment and bank information and establishes payroll-driven remittance instructions for their customers. This expands credit access to consumers who rely on their verified source of income as proof of their ability to pay.


Executive Team

DK Sharma

DK Sharma is the CEO of Paywallet and a partner at PruVista Capital, the founding owner of Paywallet. Sharma led the payroll-based lending incubation team at PruVista that helped create the operating platform to democratize access to affordable credit for stably employed individuals irrespective of their credit score. Prior to joining the company, in a career spanning 27 years at Citi, Sharma most recently served as Chief Information Officer (CIO) for Citigroup’s International Consumer Businesses. He has led more than 30 core systems integration, payments transformations and tech modernization efforts globally. Sharma sits on the boards of several leading startups and is also a Senior Advisor to McKinsey & Company.

Sundararajan Margam

CIO / Chief Technology Officer (CTO)

Sundararajan Margam is the Chief Information Officer (CIO) / Chief Technology Officer (CTO) of Paywallet. He is a versatile and experienced technology leader who has led enterprise architecture, software development and deployment across geographies. He has led the architecture and engineering efforts of more than 30 core systems integration, payments transformations and tech modernization efforts globally. In addition to Paywallet, he has architected the platform for Percipient, a Singapore-based fintech company. Prior to that he most recently was the Chief Architect for Retail Banking in Citigroup’s Consumer Businesses. Equally comfortable with the most legacy mainframe architectures and the most modern microservices-based architecture, Margam is hands-on technical expert widely respected in the industry. Margam also consults for McKinsey & Company.

Srinivas Vadali

Chief Solutions Officer (CSO)

Srinivas Vadali (VV) is the Chief Solutions Officer (CSO) for Paywallet. He is passionate about delivering frictionless experiences to customers in the financial industry while remaining fully compliant with laws, regulations, guidelines and specifications relevant to business processes. VV has over 25 years’ of experience in banking and payments domain in North America. He has also spear headed the solutions design for Percipient, a Singapore-based fintech company. Prior to Percipient, VV was a Director and Principal Architect at Citibank, leading the global architecture strategy for banking and payments where he worked on application development for payments, deposits and loans covering ACH payments, wire transfers, digital payments networks (Zelle), bill payments, fraud detection and dispute resolution.


Craig J. Hoffman

Chief Financial Officer (CFO)

Craig J. Hoffman serves as the Chief Financial Officer (CFO) of Pruvista Capital, LLC and is responsible for oversight of all finance and accounting functions, monitoring the investment portfolio and the performance of the firm across all operating verticals. He has 25 years’ of professional experience, more than 15 of which has been devoted to acquisitions, transaction structuring and finance. Prior to joining Pruvista Hoffman was the CFO of a real estate investment firm focused on tax credit qualified developments and he has worked as an investor, M&A investment banker, and was previously the head of an M&A group of a publicly traded company. He has successfully closed public and private M&A transactions and raised debt and equity capital for public and private companies in the financial and consumer industries. Hoffman began his career at Arthur Andersen & Co. where he practiced primarily M&A corporate tax work in Atlanta, GA. He holds an MBA from the Columbia Graduate School of business, a BA from Furman University and previously held a CPA and Series 24, 7 and 63 securities licenses.

Tom Rubino

Chief Analytics and Risk Officer

Tom serves as the Chief Analytics and Risk officer of Paywallet. Tom played a leading role in proving the viability of a payroll linked lending model at Pruvista’s lending incubator Tom is an 18-year Citigroup veteran with general business analytics and management experience totaling 27 years. He started his career at Citi in the Cards division touching all facets of risk policy and ultimately becoming a Senior Credit Officer. In addition, he gained operations experience while leading the Global Collections Strategy group. Prior to Citi, Tom held the role of Chief Economist at Fentress Inc., a resource planning consultant to the Federal Justice System. He also worked as a management consultant for KPMG Peat Marwick.

Rick Lütz

Chief Revenue Officer (CRO)

Rick is the Chief Revenue Officer (CRO) of Paywallet. He is a seasoned leader with experience in building and delivering innovative solutions to help clients optimize their business performance. Prior to joining Paywallet, Rick was Chief Revenue Officer for Alphamille, a technology advisory firm primarily focused in banking and financial services. He has also held executive leadership roles with ADP, Vericast, and Office Depot. Rick holds a bachelor’s degree in business management from Hartwick College in Oneonta, New York, and a fintech certification from Harvard University. He also serves as a mentor and Executive Director of Marketing for WINGSforGrowth, a non-profit with a mission to inspire, enable and empower talented women to become future leaders.


Neeraj Kumar

Chief Product Officer
Neeraj serves as the Chief Product Officer at Paywallet. He has more than 18 years of experience in Leadership and Product roles with deep subject matter expertise in US consumer lending, digital payments and FinTech. Neeraj ran a BSE listed Enterprise SaaS Loan Management Software company for 6 years and held various leadership roles with AXA Group across the US, UK and India. He brings significant experience in high velocity SaaS product development, CRM implementation and IT project management. Neeraj was a Founding member of Bharti AXA Life Insurance Company and also worked as a Management Consultant with PricewaterhouseCoopers. He has played influential roles in 2 successful startup exits and serves as a mentor and advisor to various other startups.

Board Members

Mark Torkos

Co-founder and Managing Partner
Mark Torkos is a co-founder and Managing Partner of PruVista Capital. Spanning a 25-year career in technology, he most recently served as Chief Information Officer (CIO) for Citigroup’s Global Consumer Bank. Before becoming a CIO at Citi, he held CIO roles with JP Morgan Chase and Nationwide Insurance companies. Torkos serves on the board of Paywallet and Luxury Lease Partners.

Scott Tanguay

Co-founder and Managing Partner

Scott Tanguay is a co-founder and Managing Partner of PruVista Capital. His prior experience included a 24-year career at Citi, where he last served as Head of Operations for Citigroup’s Global Consumer Bank. Prior to this, he held various senior roles including Chief Operating Officer (COO) for CitiMortgage. Tanguay serves on the board of both Paywallet, Luxury Lease Partners and Iron Horse Credit and also serves as an advisor to two technology start-up companies.

John Shishido

Principal at Pasaca Capital Inc
John Shishido is a Principal at Pasaca Capital Inc. and member of the board of Paywallet. At Pasaca Capital, Shishido focuses on investments in the Technology sector. He was previously based in New York as a Director of Technology, Investment Banking at Citi Citigroup. Prior to working at Citi he was a Senior Member of the Technical Staff, Electromechanical Control, at The Aerospace Corporation in El Segundo, California and worked as a Mechanical Engineer at BAE Systems, a multinational arms, security, and aerospace company based in London, England before joining The Aerospace Corporation.

Andrew Hallowell

Founding Partner & Managing Director
Andrew Hallowell is the founding partner and Managing Director and CEO of Arcadia Funds LLC. He leads the organization’s strategic effort to identify and capitalize on investment opportunities by managing his far-ranging network of relationships that span his career as an investment banker, portfolio manager, insurance underwriter, venture capitalist and innovator in the space of platform lending. With Arcadia Funds, Hallowell has sought to build a partnership dedicated to researching, and ultimately underwriting, specialized insurance solutions addressing difficult to insure risk challenges. Prior to starting Arcadia Funds, Hallowell was a principal at Foster Management, responsible for managing portfolio company investments and for sourcing and analyzing new investment opportunities.


Bhuvana Sundar

Head of Quality Assurance & Operations
Bhuvana Sundar is head of Quality Assurance and Operations for Paywallet. She is a Computer Sciences major with deep experience in IT development and quality assurance. Prior to joining Paywallet she spent two years at Pruvista’s lending incubator as officer incharge of loan underwriting and quality assurance of technology platform. She also worked as software engineer with TCS.

Devesh Sukhwal

Chief Architect
Devesh Sukhwal is the Chief Architect of Paywallet. An alumunus of Indian Institute of Technology, Bombay, he has architected enterprise and cloud software in multiple domains like system management, pharmaceuticals, networking and finance. He has played a principal role in Oracle’s enterprise software and Oracle Cloud. Devesh is an expert in software development process, Java, Unix, databases and micro-services and has contributed to improving scalability and reliability of software architecture in multiple roles.
Prachi Mule

Prachi Mule

Senior Product Delivery Manager
Prachi Mule serves as the Senior Product Delivery Manager and the Chief Information Security Officer of Paywallet. She has more than 10 years of combined experience in information security and banking domain. Prior to joining Paywallet, she spent the last eight years at Bank of America in USA managing identity and access management solutions internally and for third parties. An alumnus of Texas A&M University, she has expertise in business analysis and product management. She also worked as software engineer at TCS where she working in banking domain serving some of the biggest financial institutions like Citigroup. She is passionate about helping in innovating exciting products the help to grow in market and customer base.


Maveric Systems Pte Ltd

Maveric Digital is a digital boutique systems integrator specializing in integrated digital development, offering a wide range of product/tech agnostic services.


Ranosys brings an agile approach to provide valuable insights product development initiatives and helps solve complex engineering challenges


Pasaca Capital

Pasaca Capital invests in forward thinking ideas, entrepreneurs, and startups that have successfully commercialized gaps in the marketplace while striving to make the world a better place.


We invest our capital and expertise across the enterprise lifecycle, from promising early stage startups to transformational public companies. And where we see important problems that aren’t being solved, we are unafraid to start companies ourselves.

Arcadia Funds LLC

Arcadia Funds, LLC is a registered investment manager focused exclusively on identifying, partnering with and providing balance sheet capital to specialty finance originators.