Sai Sankar M (Belong)

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Overview

Sai Sankar M is known as the Co-founder and Chief Business Officer (CBO) of Belong, a fintech company focused on providing financial services for Non-Resident Indians (NRIs). His career spans over two decades in the financial services industry, significantly contributing to enhancing financial solutions for diverse clientele. He has held key positions at various organizations including NiYO Solutions and GE Capital.

Recent Developments

Recent developments in Sai Sankar M’s professional life have showcased his strategic endeavors in the fintech sector.

  • 2025: Belong secured $5 million in seed funding led by Elevation Capital to expand its product suite and acquire regulatory licenses globally. The company is focused on simplifying cross-border investments for NRIs through GIFT City, India.
  • 2024: Sai co-founded Belong, which commenced operations with a USD Fixed Deposit product in collaboration with Indian banks, providing NRIs tax-free returns and protection against currency depreciation.
  • 2023: Belong obtained a Payment Services Provider license from IFSCA, facilitating a modern financial infrastructure for NRIs.

Personal Information

AttributeInformation
Full NameSai Sankar M
BornNot publicly available
NationalityIndian
OccupationCo-founder & Chief Business Officer at Belong
Known ForFintech solutions for NRIs
Net WorthEstimated ₹0 – ₹500+ Cr (approx. $0 – $60M)
EducationNot publicly available

Early Life and Education

While specific details about Sai Sankar M's early life and education are not publicly available, his professional journey reflects extensive experience in financial services, suggesting a strong educational foundation in finance or related fields. His career trajectory indicates expertise built over years of handling strategic roles in banking and fintech companies.

Career and Notable Achievements

Sai Sankar M’s career milestones are marked by his upward mobility in various financial firms and crucial roles he played:

  • 2012-2014: Joined GE Capital - SBI Card as Senior Program Manager, later becoming Zonal Head-South.
  • 2014-2016: Served at Ing Vysya Bank, focusing on regional growth, later it integrated with Kotak Mahindra Bank.
  • 2016-2023: Chief Business Officer at NiYO Solutions Inc., spearheading innovative financial products.
  • 2024-Present: As a co-founder of Belong, Sai focuses on disrupting traditional financial services for NRIs.

Current Work and Impact

Currently, Sai Sankar M is pivotal in the expansion and strategic direction of Belong. The company is redefining financial services for NRIs, providing seamless investment solutions through a digital-first approach. Belong’s focus on regulatory frameworks like GIFT City marks its significant impact on the fintech landscape for global Indians.

Conclusion

Sai Sankar M’s contributions to the financial services sector, particularly through Belong, illustrate his commitment to innovating solutions for NRIs. His leadership in establishing Belong as a significant player is expected to resonate with NRIs seeking streamlined investment mechanisms globally. As the company evolves, Sai’s influence will likely continue shaping global fintech trends.

References

  1. Elevation Capital – Belong
  2. Entrepreneur India – Belong raises USD 5 Mn
  3. Economic Times – NRI-Focused Fintech Startup Belong
  4. Elevation Capital – Portfolio Highlights
  5. LinkedIn Post – Launch of Belong
  6. Affluense – Profile
  7. IndiaMART – Sai Sankar M Overview
  8. Indian Startup News – NRI-Focused Fintech
  9. Entrackr – NRI-focused fintech startup Belong
  10. Sai Sankar’s LinkedIn