PPRO, the provider of digital payments infrastructure, has appointed former Wayfair Europe finance executive Rahul Raswant as its new Chief Financial Officer (CFO).
Rahul takes over the role from Götz Möller, who will be stepping down after over 3 years at the firm.
Rahul brings extensive international experience to the role. Before joining PPRO, he was the European Head of Finance at Wayfair for 3 years. Previous roles include MD at Standard Chartered Bank, investor at Passport Capital and nearly 10 years at McKinsey & Co. Rahul holds an MBA from Columbia Business School.
Simon Black, CEO at PPRO, stated:
“I have the pleasure of welcoming Rahul Raswant to the team as our new CFO. Rahul’s mix of international consulting, banking, investing, enterprise and entrepreneurial experience will be valuable for the next phase of PPRO’s growth and development.
Black added:
“I’d also like to take this opportunity to thank Götz Möller for his huge contribution over the last three years helping reshape the business. Standout achievements include transforming our finance, treasury, legal & compliance, internal audit and enterprise risk functions, and playing a lead role in strategic acquisitions, divestments, and multiple funding rounds. In addition, he led our board and shareholder governance activities. On behalf of the whole team, I’d like to wish Götz all the best in his next career move and for the future.”
As covered in March 2022, PPRO, the provider of virtual payments infrastructure, announced the acquisition of Alpha Fintech, a next-gen payments tech firm. The deal will reportedly “expand PPRO’s offering, strengthen its presence and networks in Asia Pacific (APAC), and allow it to deliver products and services faster to its customers.”
Alpha Fintech’s Cloud-powered platform “allows for the seamless integration of digital payments products and services, from payment processing and merchant management to risk management, fraud prevention, and data analytics.”
The APAC-focused firm has served a key role in “accelerating the growth of banks, fintech enterprises, and payment service providers, including New Zealand’s BNZ and Southeast Asia’s super-app Grab.”