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Miguel Rodriguez becomes Moove CFO

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December 11, 2023
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Home Tech News Africa Tech News

Miguel Rodriguez becomes Moove CFO

Modupeoluwa Olalere by Modupeoluwa Olalere
December 11, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Innovation, Startups, Tech News, Technology
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Miguel Rodriguez becomes Moove CFO
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Moove, a well-known mobility fintech company, has hired Miguel Rodrigues as its first Chief Financial Officer.

The company told the media in a statement that Miguel Rodrigues will be a vital part of the company’s growth. Rodrigues has worked as an administrator for Creditas, The Kraft Heinz Company, and Goldman Sachs, among others.

Moove is an African-born, global mobility fintech that democratises financial services for mobility entrepreneurs.

How does it work? Its support has been ruled out by customers using innovative performance and revenue analytics on ride-hailing, logistics, mass transit, and instant delivery platforms using alternative credit scoring technology.

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The company is Uber’s largest EMEA vehicle supply partner and operates in 13 markets in Africa, the Middle East, Europe, and Asia. Over 28 million Moove-financed trips have been made.

Read also: African mobility Fintech, Moove secures $76 million for expansions

Miguel Rodrigues in the role of CFO

Moove says this appointment is a milestone in its scale-up journey, positioning it for financial and operational excellence. Miguel would help the company democratize vehicle ownership in gig economies, according to the company.

Miguel Rodrigues, Creditas’ CFO, helped the company grow. His experience at Creditas, The Kraft Heinz Company, and Goldman Sachs gives him unique insights and proven strategies that will help Moove grow.

Rodrigues, Moove’s new CFO, will use a multifaceted approach to boost growth and profitability. Rodrigues will manage Moove’s assets, liabilities, and equity and improve financial stability with experience in capital-intensive lending.

Miguel will focus on developing and implementing initiatives that support Moove’s goal of profitability by the end of the fiscal year, according to the statement. Rodrigues’ experience in global capital markets will help Moove secure diverse financing options for its continued expansion into new markets.

Mobility startup, Moove, lays off staff after raising $140 million

Stakeholder feedback 

Moove founder Ladi Delano says the company’s goal has always been sustainable and efficient scaling. As the company’s overgrown commercial business, its finance function must also evolve. Miguel’s appointment is crucial to aligning our business. 

“His unmatched finance expertise and proven track record in leading companies through significant growth phases make him the ideal leader to catch us up and propel us forward. As we care for our customers, we treat our vendors, suppliers, and financial stakeholders well.

He also said that Miguel’s part will be significant in moving this commitment quickly and laying the groundwork for long-term success and profit.

Miguel Rodrigues, the new Chief Financial Officer, is excited to be a part of such a dynamic and forward-thinking company at this exciting time in its growth. 

“My main goal is to speed up Moove’s growth and guide the company towards a long-term, profitable future, building on the strong base that has already been laid.”

Tags: AfricanFintechmobilityMoove
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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