Savings firm Tortoise hires Nikhil Joy as cofounder

Save Now Buy Later (SNBL) firm Tortoise said it has roped in fintech product leader Nikhil Joy as its cofounder. Prior to joining Tortoise, Roy was the vice-president and head of product at ZestMoney and was responsible for driving growth at the consumer lending startup. In his new role, Joy would be overseeing product development and growth.

“Nikhil has seen the BNPL market grow and also witnessed the challenges arising out of it. There is a massive need for innovation in the savings space and we feel Nikhil is best equipped to drive the SBNL product at Tortoise,” said Vardhan Koshal, co-founder and CEO of Tortoise.