Vikas Mehta

Vikas Mehta is the Chief Financial Officer (CFO) at Remitly, a digital financial services provider focused on cross-border payments. He assumed this role on August 19, 2024, succeeding Hemanth Munipalli, who left for personal reasons.12

Professional Background

Mehta brings over 25 years of experience in finance, primarily within the Fintech, Software, and eCommerce sectors. His previous positions include:

• CFO at Komodo Health: He was instrumental in scaling revenue and improving profitability.
• CFO at Anaplan and Nike Direct: These roles involved leading financial strategies in high-growth environments.
• Significant leadership positions at Walmart, Microsoft, and PayPal: He contributed to financial management and strategic planning at these major companies.34

Education

Mehta holds an MBA in Finance from the University of Washington's Foster School of Business. He also has professional qualifications in finance and management accounting from CIMA (Chartered Institute of Management Accountants).5

Personal Connection

As an immigrant himself, Mehta has a personal connection to Remitly's mission of facilitating financial services for individuals sending money across borders. He expressed enthusiasm about joining the company, stating that it feels like a "full-circle moment" for him.43

Role at Remitly

In his capacity as CFO, Mehta oversees all aspects of:

• Financial planning and analysis
• Procurement
• Accounting and tax
• Investor relations
• Treasury functions

His leadership is expected to enhance Remitly's data-driven decision-making approach as the company continues to grow and serve its customers effectively.23