Moove, the mobility fintech, has announced the hiring of Miguel Rodrigues as its first Chief Financial Officer (CFO). The appointment marks a significant milestone in Moove’s scale-up journey, positioning the company for financial and operational excellence.
Rodrigues brings a wealth of experience to Moove, having previously served as CFO at Creditas, where he played a pivotal role in the company’s growth. His tenure at Creditas, along with his previous experience at The Kraft Heinz Company and Goldman Sachs, equips him with unique insights and proven strategies that will be invaluable to Moove’s next phase of growth.
(TOP: Miguel Rodrigues, CFO, Moove).
In his new role as CFO at Moove, Rodrigues will undertake a multifaceted strategy to enhance the company’s growth and profitability. With extensive experience in managing capital intensive, lending businesses, Rodrigues is well-equipped to improve financial stability and oversee Moove’s assets, liabilities, and equity management. His primary focus will be on developing and executing initiatives that align with Moove’s goal of achieving profitability by the end of the company’s fiscal year. Additionally, Rodrigues brings proven expertise in accessing global capital markets, a skill that will be pivotal in securing diverse financing options in support of Moove’s continued expansion to new markets.
Ladi Delano, the founder of Moove, says: “Our vision at Moove has always been to scale sustainably and efficiently. As our commercial business has rapidly expanded, it has become clear that our finance function now needs to evolve at the same pace. Miguel’s appointment is a pivotal step towards aligning these aspects of our business. His unparalleled expertise in finance and his proven track record in guiding companies through significant growth phases make him the ideal leader to not only catch us up but propel us forward. Just as we are committed to treating our customers with the utmost care, we aim to extend the same level of excellence to our vendors, suppliers and financial stakeholders. Miguel’s role will be crucial in fast-tracking this commitment, laying a foundation for our path to profitability and long-term success.”
Miguel Rodrigues, the CFO at Moove, adds: “I am delighted to join such a dynamic and innovative company at this exciting stage of its growth trajectory. My focus will be on accelerating Moove’s growth and driving the company towards a sustainable and profitable future, building on the solid foundation that has already been established.”
Moove is an African-born, global mobility fintech that is democratising access to financial services for mobility entrepreneurs. It does this by embedding its alternative credit scoring technology onto ride-hailing, logistics, mass transit, and instant delivery platforms, using proprietary performance and revenue analytics to underwrite customers that have previously been excluded from financial services. Moove operates in 13 markets across Africa, the Middle East, Europe and Asia, and is Uber’s largest vehicle supply partner across EMEA. Its customers have completed more than 28 million trips in Moove-financed vehicles to date.