# Shailesh Naik

> Shailesh Naik is the Singapore-based founder and group CEO of MatchMove. After engineering, consulting and regional technology leadership roles, he co-founded an online entertainment business in 2009 and shifted into payments in 2014. MatchMove supplies embedded financial services to businesses; its subsequent Shopmatic acquisition extended the group into e-commerce services for small businesses.

- **Role:** Founder & Group CEO at MatchMove
- **Organizations:** MatchMove, MatchMove Play, CryptoLogic, Cisco Systems, Capgemini, Ernst & Young, PwC, Aavishkaar
- **From:** South Africa
- **Education:** Bachelor’s degree in engineering, Indian Institute of Technology Kanpur, MBA, Henley Business School
- **Known for:** Co-founded MatchMove and led its transition from online entertainment to payments infrastructure., Led MatchMove when it won the 2014 Innotribe Top Innovator title., Led the group through its 2022 Shopmatic acquisition.

## Career timeline

- **Before 2009** — Worked in management consulting, including partnerships at PwC and Ernst & Young, and later in regional leadership at Capgemini, Cisco and CryptoLogic.
- **2009** — Co-founded MatchMove’s online entertainment business with Hsueh Huah Leow.
- **2011** — Introduced the reworked, configurable AppKungfu platform.
- **2014** — Pivoted into payments; MatchMove won Innotribe’s Top Innovator award at Sibos in Boston.
- **2015** — MatchMove began its Mastercard collaboration.
- **2019** — MatchMove acquired a stake of up to 20 percent in MoolahSense to develop SME lending capabilities.
- **2020** — Announced a strategic investment agreement with Shopmatic.
- **2022** — Led MatchMove’s announced acquisition of Shopmatic in a deal valued by the company at US$200 million.
- **2023** — The group launched Shopmatic Pay for Singapore merchants.

## Achievements

- Co-founded MatchMove and led its transition from online entertainment to payments infrastructure.
- Led MatchMove when it won the 2014 Innotribe Top Innovator title.
- Led the group through its 2022 Shopmatic acquisition.
- Served on Singapore’s iN2015 national IT master plan committees.
- Identified in public speaker biographies as a founding investor in Aavishkaar.

## Latest updates

- **2026-08** — MatchMove received the Asian Banking & Finance Fintech Infrastructure Award for the Philippines.
- **2026-07** — MatchMove announced Frost & Sullivan awards for Singapore embedded finance and Asia-Pacific cross-border payment and remittance technology.
- **2026-02** — Naik was quoted as Founder and Group CEO as MatchMove marked its Mastercard collaboration, which began in 2015.

## Links

- LinkedIn: https://www.linkedin.com/in/shaileshnaik/

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Profile page: https://yespress.io/shailesh-naik
Published by YesPress — https://yespress.io
Last updated: 2026-10-15