Madhav Kale

Chief Technology Officer
Madhav Kale joined the Company as Chief Technology Officer in September 2025. Mr. Kale brings more than three decades of experience in fintech, cybersecurity, industrial IoT and SaaS, having contributed to several early-stage startups and held senior leadership roles at large enterprises. Prior to that, Mr. Kale was Executive Vice President and CTO at Carixa, where he spearheaded the transformation of accounts receivable automation into an AI-powered SaaS platform.

Between 2018 and 2020, he served as CTO of WellAware, an IoT growth-stage company focused on industrial monitoring and automation. Between 2008 and 2015, he was CEO and Founder of Zebra Digital Assets, a startup focused on secure document exchange and collaboration. Earlier in his career, Mr. Kale held senior architecture roles at Sungard, Fidelity Investments and Systems International, and also served as the founding CTO of UserTrust Certificate Authority, which was later acquired by Comodo.

He holds a B.E. in Computer Science from the University of Pune.

Madhav Kale joined CreditRiskMonitor as Chief Technology Officer in September 2025. Mr. Kale brings more than three decades of experience in fintech, cybersecurity, industrial IoT, and SaaS, having contributed to several early-stage startups as well as held senior leadership roles at large enterprise companies. Prior to joining the Company, Mr. Kale was Executive Vice President & CTO at Carixa, where he spearheaded the transformation of accounts receivable automation into an AI-powered SaaS platform.

Between 2018 and 2020, he served as CTO of WellAware, an IoT growth-stage company supporting industrial monitoring and automation. Between 2008 and 2015, he was CEO & Founder of Zebra Digital Assets, a start-up focused on secure document exchange and collaboration. In his earlier career, Mr. Kale held senior architecture roles at Sungard, Fidelity Investments, and Systems International, as well as serving as the founding CTO of UserTrust Certificate Authority (later acquired by Comodo). 

He holds a Bachelor of Engineering degree in Computer Science from the University of Pune.

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