Former Stripe exec Gang Wang joins Nuvei as CTO
Canadian payments processor Nuvei has hired Stripe’s former head of payment methods, Gang Wang, as its new CTO.
Wang has been tasked with leading the fintech’s global technology team with Max Attias, who transitions to the role of CIO at Nuvei after almost six years as CTO.
The company says the pair will combine the efforts of their respective teams to “further scale Nuvei’s technology offering and build a strong foundation for future growth”.
Wang is expected to leverage his “deep knowledge of the payments and software sectors” in supporting Nuvei’s technology strategy, research and architecture development.
Prior to joining Stripe in 2021, where he also previously held the role of head of financial data, Wang spent over 13 years developing architecture and systems for US financial software provider Intuit, rising to the position of VP engineering fellow.
Philip Fayer, CEO and chair of Nuvei, says Wang “will undoubtedly enable the broader technology team to thrive as we address the complexities of our industry with even more dedicated focus”.
Nuvei recently secured a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS) last month. The licensing enables the company to provide merchant acquisition services and domestic and international money transfers to what Fayer describes as a “critically important region” for Nuvei.
The company is currently in the process of being acquired by a US private equity firm, Advent International, for $6.3 billion.