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Contour has named Rahul Bhargava Interim COO as it enters its next growth phase after being acquired by XDC Ventures.
In his interim role, Bhargava will lead operational scale-up, deepen engagement with global network members and expand participation across the platform.
He will also oversee integration of XDC’s trade, digital asset and settlement capabilities, including structured trials of regulated digital settlement models alongside fiat payment rails.
The trade finance platform said the appointment supports its plans to extend its Letters of Credit digitisation services and strengthen links between trade workflows and settlement infrastructure.
Integration with XDC Network will support reconciliation and broader settlement capabilities.
Bhargava has held roles across banks, regulators, multilateral institutions and payment infrastructures, with experience in cross-border financial systems and interoperability standards including ISO 20022.
Contour said his background will support operational scale-up and regulatory alignment as the platform advances.
Rahul Bhargava
Rahul Bhargava said,
“By vertically scaling up Contour’s proven Trade digitisation services portfolio and horizontally extending to combine XDC Network capabilities we aim to deliver a future-ready, scalable platform helping streamline trade to settlement.
A Stablecoin Lab will also be available to trial USDC based settlement models.”
Ritesh Kakkad
Ritesh Kakkad, Co-Founder of XDC Network and XDC Ventures, said,
“Rahul’s expertise in bridging legacy financial infrastructure with emerging digital rails directly supports our vision of building a powerful institutional gateway for tokenised trade finance.
With Contour, we are focused on delivering scalable, compliant solutions that connect trade digitisation with efficient settlement optionality.”
Featured image: Edited by Fintech News Singapore, based on image by Borin via Freepik
