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Total expenses of the fintech startup grew 130% to Rs 557 crore in FY26 from Rs 242 crore in FY25.
Khara has nearly two decades of experience in product management, financial services and consumer technology.
The secured credit card is part of Kotak811's 3 in 1 super account.
The move comes a year after Flipkart spun off the venture with an initial $20 million investment.
The Walmart-owned company is also looking to hire engineers and architects - "who are deep into stock markets."
PhonePe topped the list, processing 8.55 billion transactions worth Rs 11.99 lakh crore, securing a 46.5% share by volume and nearly half the total transaction value.
Through this acquisition, Super.money aims to strengthen its credit offerings, including buy now, pay later (BNPL) and consumer durable loans.
Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.
