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Cashfree appoints Vikas Guru as chief financial officer

Guru will oversee tasks like operations, reporting, governance, investor relationships.

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Mumbai: Digital payments and banking technology company Cashfree has announced the appointment of Vikas Guru as its chief financial officer, to fuel the next phase of its growth.

Guru will be responsible for bringing a new level of insight, requisite experience, and strategy to drive the change and build an agile finance function at Cashfree. He will oversee operations, reporting, governance, investor relationships, and management information system. He will also play an active business partnering role within the leadership team to ensure both top and bottom-line targets are met and continuously exceeded, the company said in a statement.

“As Cashfree embarks on the next phase of growth, we are seeking out accomplished professionals who share our values and work ethics," said Cashfree CEO & co-founder, Akash Sinha. "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 are 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.”

Guru comes with two decades of experience across sectors such as financial services, retail, banking, and real estate. In a decade-long stint at FINO PayTech Ltd, he led the organisation to achieve scale and profitability. He was featured in the CFONEXT100 as a financial controller.

“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," Guru said. "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 working 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.”

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