Moove appoints Creditas CFO to spearhead financial growth, achieve profitability

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Moove, the mobility fintech, has hired Miguel Rodrigues who previously served as Chief Financial Officer at Creditas, as its first Chief Financial Officer to enhance the company’s growth and profitability and improve its financial stability.

In a statement, Ladi Delano, Founder at Moove, says, “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.”

Rodrigues, who has worked at Creditas, The Kraft Heinz Company and Goldman Sachs, will be invaluable to Moove’s next phase of growth and will be tasked with the goal of achieving profitability by the end of the company’s fiscal year, access global capital markets and secure diverse financing options in support of Moove’s continued expansion to new markets.

Miguel Rodrigues has a Master of Business Administration (MBA) from The Wharton School, a Licenciatura in Economics from Nova School of Business and Economics, and an Economics degree from Ghent University. At Creditas, Miguel Rodrigues was reporting directly o Sergio Furio, Founder & CEO.

The SoftBank-backed Brazilian fintech lender bought Andbank, a bank and Kzas, a mortgage marketplace to increase profitability by accepting deposits apart from profits from its online auto and consumer loans business. Worth $4 billion, Creditas has raised over $830 million from investors including SoftBank Group Corp, Fidelity Investments, Wellington Management, QED Investors, Kaszek, VEF and Santander fund InnoVentures, Actyus, Greentrail Capital, Lightock, Headline, and Advent International, via affiliate Sunley House Capital. 

“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,” said Miguel Rodrigues, CFO at Moove.