LSQ, an independent provider of invoice financing, added Vikas Shah to its team. Shah joined LSQ as executive vice president of supply chain finance, leading the development of the company’s supply chain finance platform, LSQ FastTrack.
In this role, Shah is responsible for the go-to-market strategy and execution for LSQ FastTrack. He will lead the execution of the supply chain finance platform strategy, including sales, business development and marketing, as well as establishing key networks with partners, suppliers and buyers.
“We are thrilled to have Vikas Shah join the LSQ team,” Dan Ambrico, CEO of LSQ, said. “We have taken LSQ’s deep experience in the invoice financing space to develop a user-friendly supply chain finance platform that offers the flexibility and transparency currently missing from the market. Under Vikas’ leadership, we will focus on further growing our presence in the market and building important new relationships with both buyers and suppliers of all sizes.”
Shah has more than 15 years of experience in the procurement and supply chain space. He joined LSQ from Xeeva, where he led product management, business development and several growth initiatives. Prior to that, Shah led platform partnerships, channels and new market entry at Taulia, a firm that specializes in working capital optimization and supply chain financing.
“I’m thrilled to be part of LSQ’s mission and team,” Shah said. “Most vendors don’t have the expertise to do credit risk, performance and fraud assessment at scale. That’s what is most obviously missing today in the industry. LSQ is uniquely positioned to address this by leveraging its proprietary models and years of transactional history, having helped thousands of companies by delivering over $25 billion in early payments.”
