THE J.G. WENTWORTH COMPANY JG Wentworth announced that after its recent acquisition of Stilt Inc., it is appointing Stilt co-founder and ex-CEO Rohit Mittal as Senior Vice President and General Manager of the Lending division of The JG Wentworth Company effective December 1, 2022. In his role Mittal will be responsible for the P&L of JG Wentworth's soon to be released consumer lending business and will work closely with various teams across the JG Wentworth brand. Mittal comes to JG Wentworth as part of its recent acquisition of Stilt Inc., aSan Francisco based fintech and personal loan lender.
Mittal founded the company in 2015 with his co-founder Priyank Singh (now CTO at JG Wentworth). Prior to its acquisition by JG Wentworth, he led Stilt Inc.'s fundraising which included $14 million in SeriesAfunding, and the company's foray into fintech infrastructure with a product called Onbo. He also oversaw the raising of $375 million in Stilt's equity and debtfinancing.
Mittal joins JG Wentworth with extensive experience in credit risk analytics and data science and spent years building risk and fraud models for top U.S. banks. He also brings on expertise in fintech compliance, regulations, modernization of lending products, debtcapital strategies etc. In addition, he also advises companies across various stages on embedded lending, credit underwriting, and risk management.
Prior to founding Stilt, he worked at Verisk Analytics optimizing credit risk, and was the founding member of the data science team at PopSugar, an American Media and Technology company. He has a bachelor's degree from Delhi College of Engineering in India, and a master's from Columbia University in the City of New York.
