Flutterwave, an African leading payments technology company, has appointed Mitesh Popat as CFO. Popat brings 20 years of global financial services experience across North America, Europe, the Middle East, and Africa, which Flutterwave said will be instrumental in driving its next phase of growth and financial sustainability.
Most recently, Popat held executive roles at Citi including CFO for Middle East and Africa, overseeing finance operations across 29 countries, and CFO for global equities sales and trading, providing financial leadership for all aspects of a $5 billion revenue business.
As CFO for Middle East and Africa at Citi, Popat partnered with the regional and division CEO on strategic direction, performance management, and balance sheet optimization, while also communicating the business’s financial story to internal and external stakeholders. In his new role at Flutterwave, Popat will be responsible for overseeing Flutterwave’s corporate finance functions. He will also ensure balanced resource allocation and strategic execution across Flutterwave.
“I am excited to have joined the Flutterwave team at this important time in the company’s journey,” Popat said. I have a deep understanding of the operating environment in Africa and the complexity of operating an emerging market business and I plan to bring my experience in growing Flutterwave while optimizing our business model for sustained profitability.
“I am looking forward to working with the team to enhance Flutterwave’s financial position and drive operational efficiencies through curiosity and innovation.”
“We have an ambitious goal to connect Africa to the world and Mitesh embodies our vision with his experience working extensively within Africa in a global capacity,” Flutterwave founder and CEO Olugbenga Agboola said. “He shares our values of customer obsession and we’re certain that with his impressive track record in financial management, he will contribute to the next phase of our growth. As our new CFO, his work will be adding value to our customers – both enterprise merchants and retail remittance customers, as well as the African fintech ecosystem.”
