Cashfree Ropes in Vikas Guru as CFO
Cashfree, a digital payment and banking technology firm has hired Vikas Guru as its Chief Financial Officer. This appointment is expected to fuel the next phase of the firm’s growth. Vikas is likely to bring in a new level of insight, requisite experience, and strategy to accelerate the change and build an agile finance function at Cashfree. He would monitor operations, reporting, governance, investor relationships and Management Information System
Vikas possesses more than two decades of experience across sectors such as financial services, retail, banking, and real estate. In a decade-long stint at FINO PayTech, Vikas with his strong finance and consulting background, strategic planning and result-oriented approach led the organisation to achieve scale and profitability facilitating organic growth capital and inorganic expansions.
Akash Sinha, CEO and Co-Founder, Cashfree says, “As Cashfree embarks on the next phase of growth, we are seeking out accomplished professionals who share our values and work ethics. We are pleased to welcome Vikas Guru, at a critical juncture of the Cashfree journey. Vikas brings with him extensive experience in conceptualizing and implementing financial processes which is essential for an aggressively growing company like Cashfree. He has led teams across diverse industries and spearheaded finance operations in growth-centric organisations. We are confident that Vikas’s in-depth knowledge of financial planning and analysis, mergers and acquisitions, and corporate development will be invaluable as we continue on our journey to becoming one of the largest players, globally.”
Excited about his new role, Vikas Guru, Chief Financial Officer, Cashfree states, “This is an exciting time for Cashfree, and I am happy to join a team of extremely talented people fueling India’s next big story in banking technology and digital payments. With innovation at its core, Cashfree is one of the fastest growing fintechs in the country and I am sure that we will continue to create products and services which will benefit the entire ecosystem. I am looking forward to work with the team here in executing its strategic growth plans in India as well as in international markets. Together, we remain optimistic to capture the next wave of growth in the Cashfree journey.”
Cashfree is among the leading payment service providers in India and processes transactions worth USD 20 billion annually. With over 50 percent market share among payment processors, Cashfree today leads the way in bulk disbursals in India with Cashfree Payouts. Recently, India’s largest lender, SBI invested in Cashfree underscoring the company’s role in building a robust payments ecosystem.