Wednesday, June 12, 2024
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Former Stripe exec Gang Wang joins Nuvei as CTO

  • 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.

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