People on the Move: David Nute, PayRange Inc.
Mobile payments provider PayRange Inc. has appointed David Nute vice president of operations and finance. He has experience building operating infrastructure in high-transaction environments and will use his experience to build a scalable company as PayRange expands into multiple segments, including vending, laundry, amusement and micro-marts, according to the company. He most recently served as chief financial officer at RVK Inc., an institutional investment firm. He also served in several high-ranking positions at Monsoon Commerce Inc.