- Company: Nuvei, a Canadian payments processor.
- New Hire: Gang Wang, former head of payment methods at Stripe, was appointed as CTO.
- Previous CTO: Max Attias, transitioning to CIO after nearly six years as CTO.
- Leadership Focus: Wang and Attias will collaborate to scale Nuvei’s technology and lay a foundation for future growth.
- Wang’s Experience:
- Deep knowledge of payments and software sectors.
- Held roles at Stripe since 2021, including head of financial data.
- Over 13 years at Intuit, culminating in VP engineering fellow.
- CEO’s Statement: Philip Fayer expressed confidence in Wang’s ability to enhance the technology team’s capabilities.
- Recent Developments:
- We have secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
- The license allows merchant acquisition services and money transfers in a key region.
- Acquisition: Nuvei is being acquired by US private equity firm Advent International for $6.3 billion.
