Dubai, UAE – Vanar, the pioneering AI-native blockchain infrastructure company building the foundation for next-generation financial systems, announced a major strategic hire today. Saiprasad Raut, a veteran with over 25 years in global payments leadership, has been appointed as the company’s new Head of Payments Infrastructure. This move is set to accelerate Vanar’s mission to redefine global payments through stablecoin settlement, tokenized asset networks, and AI-driven financial automation.
A Strategic Hire for the Next Era of Payments
The appointment of Saiprasad Raut marks a significant step for Vanar as it positions itself at the forefront of the convergence between traditional finance (TradFi), cryptocurrency infrastructure, and artificial intelligence (AI). Raut’s extensive experience uniquely bridges these critical domains, making him a key asset in Vanar’s ambitious roadmap.
Saiprasad Raut’s Distinguished Career
Raut brings a wealth of expertise from senior leadership roles at some of the world’s largest payment processors and consultancies, including FIS, Fiserv, Global Payments, and Capgemini. Most recently, he served as Strategy Director for Worldpay’s Crypto and Emerging Business team, where he was instrumental in shaping enterprise strategies for digital asset payments and next-generation settlement rails.
His deep involvement in the enterprise blockchain ecosystem is further demonstrated by his service on the Hedera Governing Council, where he co-chaired the Ecosystem Growth committee and helped develop critical industry standards.
Building the Infrastructure for Intelligent, Autonomous Money
Vanar is architecting the foundational layer for a future where value transfer is instant, intelligent, and autonomous. Its vision encompasses several transformative technologies:
Stablecoin-Based Global Settlements: Enabling fast, low-cost, and borderless transactions.
Interoperable Tokenized Asset Networks: Facilitating the movement of tokenized real-world assets (RWAs) across diverse blockchain ecosystems.
AI and Agentic Financial Systems: Deploying autonomous agents to manage complex tasks like payments, reconciliation, and compliance in real-time.
On-Chain Intelligent Settlement Logic: Leveraging Vanar’s AI-native blockchain architecture to execute sophisticated financial logic.
Leadership Perspectives on the Future
Jawad Ashraf, CEO of Vanar, emphasized the strategic importance of this hire: “Saiprasad is one of the most respected minds in global payments. 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.”
On his decision to join Vanar, Saiprasad Raut stated: “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.”
Strengthening Ties with Worldpay and the Enterprise Ecosystem
This appointment occurs alongside a growing strategic alignment between Vanar and Worldpay, a global leader in payment processing. Earlier this year, Worldpay became an official validator on the Vanar Chain, signaling a shared commitment to responsible, compliant, and scalable blockchain adoption for real-world commerce and finance.
About Vanar
Vanar is the AI-native web3 infrastructure layer powering the future of programmable finance. Designed for the next era of digital money, Vanar enables developers and enterprises to build solutions for AI-driven payments, automated financial workflows, document integrity, and global-scale settlement. The company is headquartered in Dubai, UAE, a global hub for financial technology innovation.
To learn more about Vanar and its AI-native blockchain infrastructure, visit https://vanarchain.com.
Conclusion
The appointment of Saiprasad Raut as Vanar’s Head of Payments Infrastructure is more than an executive hire; it is a definitive statement of intent. It signals Vanar’s commitment to being the bridging infrastructure between the established world of global finance and the emerging landscape of AI-native blockchain and tokenized value. With Raut’s unparalleled expertise in traditional payment rails from Worldpay and FIS, combined with his deep knowledge of enterprise blockchain from the Hedera Council, Vanar is uniquely equipped to architect the intelligent settlement systems of the next decade.
This move, coupled with Worldpay’s validator role on the Vanar Chain, underscores a clear trend: the future of global payments in Dubai and beyond will be built on compliant, scalable blockchain infrastructure that seamlessly integrates stablecoins, tokenized assets (RWAs), and autonomous AI agents. Vanar is positioning itself not just as a participant, but as a core infrastructure provider for this next era of financial innovation.
Frequently Asked Questions (FAQs)
1. What is Vanar’s primary focus?
Vanar is building AI-native blockchain infrastructure designed to power the next generation of financial systems. Its focus is on enabling intelligent and agentic payment infrastructure, including stablecoin-based global settlements, the movement of tokenized real-world assets (RWAs), and AI-driven financial automation.
2. Who is Saiprasad Raut and why is his appointment significant?
Saiprasad Raut is a global payments leader with over 25 years of experience at major firms like FIS, Worldpay, and Fiserv. He most recently led strategy for Worldpay’s Crypto and Emerging Business and served on the Hedera Governing Council. His hire is significant because he bridges traditional finance (TradFi), crypto payments, and enterprise blockchain, making him uniquely qualified to lead Vanar’s payments infrastructure strategy.
3. What are “agentic financial systems” or “agentic payments”?
In the context of Vanar, agentic systems refer to autonomous AI agents that can manage complex financial workflows—such as payments, reconciliation, and compliance—in real-time with minimal human intervention. This represents a shift towards more intelligent, programmable, and automated money flows.
4. What is the significance of Worldpay being a validator on Vanar Chain?
Worldpay, one of the world’s largest payment processors, becoming an official validator on Vanar Chain is a strong signal of enterprise adoption. It demonstrates a shared commitment to building responsible, compliant, and scalable blockchain infrastructure suitable for real-world, high-volume transactions, lending significant credibility to the network.
5. How does Vanar’s technology relate to stablecoins and tokenization?
Vanar is building the underlying architecture to make stablecoin settlements faster and more efficient on a global scale. Furthermore, its interoperable, AI-native blockchain is designed to facilitate the secure and seamless transfer of tokenized value, such as real-estate, commodities, or financial instruments, across different networks.
6. Where is Vanar headquartered?
Vanar is headquartered in Dubai, UAE, a global hub that is rapidly establishing itself as a leading center for fintech, blockchain innovation, and forward-looking financial regulation.
