Our Bureau
Oakland, CA
Renew Financial, a leading provider of the residential Property Assessed Clean Energy (R-PACE) financing program, announced recently the appointment of Vinay Gupta as Chief Executive Officer. Gupta will start his new role effective immediately.
Gupta has over 25 years of experience in the financial services industry and a proven track record of driving growth and innovation, and building high-performing teams across leading organizations.
“I’m honored to join Renew Financial and work alongside this talented team to advance our mission of providing homeowners with equitable financing to make sustainable and critical home improvements,” said Gupta. “Renew Financial has built a strong foundation, and I’m excited to lead the company as we continue to grow and innovate in this space.”
Before joining Renew Financial, Gupta served as President of Dividend Finance, where he led the company’s remarkable transformation, growing it 10x and establishing it as a major player in residential solar and home improvement lending. His leadership culminated in Dividend Finance’s successful acquisition by Fifth Third Bank. Gupta has also held leadership roles at Credit Karma and Capital One.
Gupta holds an MBA in Finance and Strategy from the Indian Institute of Management, Calcutta, and a Bachelor’s degree in Chemical Engineering from the Indian Institute of Technology, Bombay.
Gupta will succeed Mark Floyd, retiring after a successful career of over 45 years, including four years as Renew’s Chief Executive Officer.
“We are thankful to Mark Floyd for his leadership, dedication, and transformative contributions,” said Raj Mundy, board member and partner at LL Funds, a major investor in Renew.
Renew Financial Group LLC (Renew Financial) is a leading residential Property Assessed Clean Energy (PACE) financing provider in Florida and California. Focusing on community impacts, Renew Financial is committed to driving resiliency and environmentally beneficial projects through the residential PACE program.
