Sid Madavapeddi
Founder & CEO at BenePay.io- Claim this Profile
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Bio
Experience
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BenePay.io
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United Kingdom
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IT Services and IT Consulting
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1 - 100 Employee
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Founder & CEO
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Aug 2023 - Present
United Kingdom BenePay.io helps businesses to accept payments from anywhere in the world using 150+ payment methods including local bank accounts. Quicker settlement and improved reconciliation with enhanced security and fraud controls. BenePay also helps businesses to make payments using contact details only including supporting refunds capability for Open Banking Payments. - We help banks to enhance their payment and digital proposition to help their corporate customers, in improving their fee… Show more BenePay.io helps businesses to accept payments from anywhere in the world using 150+ payment methods including local bank accounts. Quicker settlement and improved reconciliation with enhanced security and fraud controls. BenePay also helps businesses to make payments using contact details only including supporting refunds capability for Open Banking Payments. - We help banks to enhance their payment and digital proposition to help their corporate customers, in improving their fee and Fx income, and in-turn their payments and digital strategy. - We help businesses to simplify their payments, comply with data privacy laws, improving their customer experience, reducing operational expenditure, and reduce payment frauds. - We empower payees to control their personal and payments accounts data, manage their payments, and self-identify before claiming their payments. Show less
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Director
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Sep 2020 - Present
United Kingdom We offer multiple solutions in the area of Payments, Cash Management, Treasury and Fx services. 1. We can provide RfP services to Corporate Treasuries and lead them to select the best cash management bank for you. 2. We help in innovating new products, developing a business case, and leading upto the launching of the products and solutions. 3. Vendors, IT services companies can benefit from our consultancy services in winning business, leading consulting engagements 4. We can… Show more We offer multiple solutions in the area of Payments, Cash Management, Treasury and Fx services. 1. We can provide RfP services to Corporate Treasuries and lead them to select the best cash management bank for you. 2. We help in innovating new products, developing a business case, and leading upto the launching of the products and solutions. 3. Vendors, IT services companies can benefit from our consultancy services in winning business, leading consulting engagements 4. We can define solution design, business analysis, and programme management as services on stand alone basis. Show less
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HSBC
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United Kingdom
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Financial Services
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700 & Above Employee
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Director, Managed Solutions
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2015 - 2020
London, United Kingdom
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European Products Head, Clearing and Foreign Currency Payments
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Jul 2015 - Jun 2017
London, United Kingdom
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Cognizant Technology Solutions
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India
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Consumer Services
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Director, Head Transaction Banking Consulting, UK & I
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Jul 2014 - Jul 2015
London, United Kingdom
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Pre-Sales and Business Development
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May 2006 - Jul 2015
India and UK for customers in US, UK, Europe, and APAC
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Senior Payments Consultant Manager and Solutions and Business Architect
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May 2006 - Jun 2014
India and UK
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Lloyds Banking Group
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United Kingdom
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Financial Services
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700 & Above Employee
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Principal Consultant and Lead Solution Advisor
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Jul 2014 - Jun 2015
London, United Kingdom
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Pershing, a BNY Mellon company
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United States
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Investment Banking
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1 - 100 Employee
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Senior Management Consultant
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May 2014 - Jul 2014
London, United Kingdom
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Lead Payments Consultant
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Jul 2011 - May 2014
London, United Kingdom
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Tesco Bank
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United Kingdom
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Banking
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700 & Above Employee
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Senior Management Consultant
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Oct 2013 - Jan 2014
Edinburgh, United Kingdom
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BNY Mellon
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United States
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Financial Services
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700 & Above Employee
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Senior Consultant
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Aug 2010 - Mar 2011
Pune Area, India
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First Gulf Bank
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Libya
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Banking
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1 - 100 Employee
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Senior Consultant
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May 2010 - Jul 2010
Pune Area, India
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Senior Payments Consultant and Functional Designer
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Apr 2009 - May 2010
Pune Area, India and London, UK
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HBOS
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United Kingdom
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Senior Business Analyst, Project and Test Manager
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May 2006 - Jan 2009
Chennai, India and Edinburgh, United Kingdom
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Reserve Bank of India
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India
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Government Administration
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700 & Above Employee
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Assistant General Manager
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Oct 1999 - May 2006
Mumbai Area, India
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Education
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XLRI Jamshedpur
Master of Business Administration (MBA)