Vanar, an innovative company focused on blockchain infrastructure and artificial intelligence, has announced the appointment of Saiprasad Raut as its new Head of Payments Infrastructure. This strategic move aims to bolster the development of intelligent and autonomous payment systems in a rapidly evolving financial landscape.
Raut brings with him over 25 years of expertise in the payments industry, having held significant roles at various companies, including FIS, Fiserv, Global Payments, and Capgemini. Prior to joining Vanar, he served as Strategy Director for Worldpay“s Crypto and Emerging Business team, where he was pivotal in advocating for the adoption of digital asset payments and next-generation settlement networks. Additionally, he has played a crucial role in shaping enterprise blockchain standards as a member of the Hedera Governing Council, where he co-chaired the Ecosystem Growth committee.
Under Raut”s leadership, Vanar aims to create a framework for seamless, intelligent, and autonomous financial transactions. This infrastructure will facilitate stablecoin-based global settlements and the tokenization of real-world assets across interconnected networks. The company”s AI-driven approach will enhance payment management, reconciliation, and compliance, all executed in real time, further advancing the potential for on-chain execution of intelligent settlement logic.
Raut”s extensive background in traditional payment systems, cryptocurrency infrastructure, and enterprise blockchain uniquely positions him to integrate these diverse areas on a global scale. “Saiprasad is one of the most respected minds in global payments,” stated Jawad Ashraf, CEO of Vanar. “He understands the legacy rails and he understands the new rails. His leadership accelerates our mission to build intelligent and agentic payment infrastructure that can support the next decade of financial innovation.”
In his own words, Raut expressed enthusiasm for his new role: “I have spent my career modernizing payment networks around the world. The next chapter will be shaped by AI-driven money flows, stablecoins, tokenization, and autonomous financial agents. Vanar is building the infrastructure that makes this future possible. I am excited to help lead this transformation.”
This appointment aligns with the growing collaboration between Vanar and Worldpay, which recently became an official validator on the Vanar Chain. This partnership underscores their commitment to responsible, compliant, and scalable blockchain integration for real-world financial transactions.
