PPRO appoints former Wayfair exec as new CFO

Digital payments firm, PPRO, has appointed former Wayfair Europe finance chief Rahul Raswant as its new Chief Financial Officer.

He takes over the position from Götz Möller, who is stepping down after more than three years at the company.

Prior to joining PPRO, Raswant was the European Head of Finance at Wayfair for three years.

Earlier roles include Managing Director at Standard Chartered Bank, investor at Passport Capital and close to a decade at McKinsey & Co.

“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,” says Simon Black, CEO at PPRO.

“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 and 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.”

New CTO

In December of last year, PPRO appointed Bernie Miles as Chief Technology Officer (CTO) to drive the development of its cross-border payment technology. 

Miles has 20 years of experience working with e-commerce and FinTech brands, including Wayfair, Expedia, Hotels.com, and Klarna.

He commented: “This is an exciting time for the payments industry. We’re seeing greater demand for cross-border e-commerce and a more diverse payment ecosystem, where both businesses and consumers have greater choice when it comes to how they buy and pay for online products and services.”

“PPRO is on a mission to make the world’s local payment methods available everywhere through the combination of building mission critical, high integrity infrastructure and holistic customer experiences.”

“We’re driving financial inclusion by enabling people in every corner of the world to pay using their preferred, or in some cases only available method of payment – and I’m proud to play a role in facilitating that.”

AppointmentsStaff WriterPPRO, Wayfair, Rahul Raswant, Payments, Digital payments, PayTech, AppointmentsComment