Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach


Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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The Avangate Team

Avangate Team

Our core values guide us to always deliver exceptional results to our clients and community. We're a sincere company with a straightforward vision, hard at work helping software and SaaS companies get the most out of their businesses.

Meet the Avangate Management Team

We've had an amazing journey to where we are today and now feel confident that we can provide you professional and effective solutions to cover all your business needs, so that your only concern is growth.

That being said, we present you the people who make Avangate tick.

Alex Hart

Chief Executive Officer


Alex Hart - Biography

Alex has more than 25 years of experience and an extensive record of success in leading payment services and software businesses. He was the President & CEO of Official Payments (NASDAQ: OPAY) , from 2010 until its sale to ACI Worldwide (NASDAQ: ACIW) in 2013, and most recently assisted ACIW in both corporate development and product strategy. Prior to Official Payments, Alex was the president of Fuelman, the private-labeled fleet card business of FleetCor (NYSE: FLT). Hart was also the Executive Vice President and General Manager of Electronic Banking Services for CheckFree (NASDAQ: CKFR), the leading banking and bill payment software and services company now owned by Fiserv (NASDAQ: FISV). Alex joined CheckFree as a result of its 2007 acquisition of Corillian (NASDAQ: CORI), the online banking and bill payment software company that he led through an extensive transformation as president and CEO between 2002 and 2007. Prior to Corillian, Hart also held a variety of sales, marketing, and product management positions at Microsoft (NASDAQ: MSFT), CheckFree, and NationsBank, now Bank of America (NYSE: BAC). Alex graduated from Harvard University.

Gregor Morela

Chief Financial Officer


Gregor Morela - Biography

Gregor brings to Avangate nearly 20 years of experience in SEC reporting, Initial Public Offerings, U.S. GAAP technical accounting, budgeting, forecasting, financial reporting, process improvement and operational rationalization. Gregor is based in the Atlanta office of Avangate and is responsible for the finance and HR functions of the company. Before joining Avangate, Gregor was CFO for Linq3 Technologies LLC, a private company engaged in offering state-regulated lottery products on point-of-sale terminals. Prior to Linq3, he held various Vice President of Finance and Controllership roles at Landis+Gyr, a multinational corporation with 45 companies in over 30 countries and headquartered in Zug, Switzerland, focused on metering and other energy management technologies; CDC Corporation, a NASDAQ-listed enterprise software company; and Serologicals Corporation, a NASDAQ-listed company engaged in offering biotechnology products and services to researchers and corporations. Gregor started his career in public accounting at PricewaterhouseCoopers (PwC) in Ljubljana, Slovenia. He subsequently served various public clients of both PwC and Deloitte in Atlanta.

Erich Litch

Chief Revenue Officer


Erich Litch - Biography

Erich brings with him over 20 years of senior leadership, commercial, product and operations experience in growing software businesses to Avangate. Before joining Avangate, he was General Manager of North America for Viewpoint Construction Software, a leading provider of ERP solutions to the construction industry. Before that, Erich was President of the Digital Channels Division at Fiserv Inc. [NYSE: FISV], a leading global financial services technology provider. During his tenure with Fiserv, he also served in several sales and strategy leadership roles in the Electronic Banking Services Division including SVP and GM of Consumer Services. Erich joined Fiserv through its acquisition of CheckFree [NASDAQ: CKFR], which had acquired Corillian Corporation in 2007. As EVP of Sales and Marketing at Corillian [NASDAQ: CORI], he led all sales, marketing, distribution channels, and customer relationship management for the enterprise software company. Originally, Erich joined Corillian as General Counsel. Erich began his career in the legal profession as a Corporate Associate at both Perkins Coie LLP and O'Melveny & Myers LLP. He earned his Bachelor's degree from UCLA and his J.D. (cum laude) from Loyola Law School in Los Angeles, CA.

Sandip Mohapatra

Chief Operating Officer


Sandip Mohapatra - Biography

Sandip is an innovator and senior leader delivering business operations, technology, product, and development excellence across major enterprises. He also brings more than two decades of experience in payments, billing, and transactional processing in both public and private companies. Aligned with an innovative, strategic approach his experience allows him to understand critical performance factors and emulate best practices that drive non-stop reliable operational delivery of solutions with ongoing success to accelerate growth and profitability. Prior to joining Avangate, Sandip worked at AT&T, Alltel, Schlumberge, Incomm, Official Payments. Sandip holds a master's degree in statistics from Utkal University in India, a master's degree in computer science from New Jersey Institute of Technology and an M.B.A. from Georgia State University.

Christopher Wassenaar

Chief Risk Officer, General Counsel and Secretary of the Board of Directors


Christopher Wassenaar - Biography

Christopher is responsible for the global Risk, Compliance and Legal functions. Christopher has held multiple executive level positions with SaaS, enterprise software and technology companies. Prior to joining Avangate in 2015, Christopher served most recently as the General Counsel and head of human resources for PowerPlan, Inc. Christopher received a B.A. Hons. from the University of Western Ontario, a J.D. from the University of Arkansas and an M.B.A. from Georgia State University. When not in the office, Christopher enjoys distance running, swimming and spending time with his family.

Adriana Iordan

Chief Product Evangelist


Adriana Iordan - Biography

Adriana is currently managing several divisions at Avangate: Product Management, UX Design/ Growth Services and Affiliate Network and works closely with marketing, development, sales and customer care teams to deliver products and services that support both company goals and client needs. Adriana joined Avangate from Ipsos Interactive Europe in 2006 and she increased the company brand recognition and developed new products business lines. Passionate about product management applied to the software industry / e-commerce development (payments, subscriptions billing, ecommerce, distribution channels), dedicated to deliver successful products and services from early ideas through commercialization, developing and driving business cases and plans along with orchestrating resources to deliver. With over 15 years' experience in eCommerce & online marketing strategy and planning, user experience, conversion rate analysis and product marketing applied to the software industry, Adriana also served a two year term on the Board Directors of the Association of Software Professionals until 2010.

Philipp Reichardt

Vice President, NA Sales


Philipp Reichardt - Biography

Philipp brings more than a decade of global sales, marketing and business development experience to Avangate, where he's spent over five years working with mid-market and enterprise clients to build relationships and programs that create global eCommerce efficiencies and growth. Prior to joining Avangate, Philipp led sales for North America, South America, Australia and New Zealand at asknet, Inc. Before working at asknet, Philipp established a North American sales channel, distribution network and advertisement partnerships for the German security software company Steganos. He also founded and led Mod-Steps, providing full-service IT management solutions to small businesses across the medical, legal, software, non-profit and education industries and scaling the business to a sustainable operation. Philipp began his career marketing to small and medium businesses at Dell, Germany. He holds a bachelor's degree in Communications from Concordia University.

Laurentiu Ghenciu

Vice President, EMEA Sales


Laurentiu Ghenciu - Biography

Laurentiu has a world-class experience in digital eCommerce, SaaS and marketing, with a proven record of success in the software industry. He is also empowered with a global expertise in cross-border partnerships development, strategically integrating channel sales development and online sales consulting. Previously the Area Sales Manager at Avira, he implemented successful and targeted strategies for the channel distribution of the company security products. He developed the International Business in the Western and Northern Europe, but also in all Africa. In 2006, when he became an Account Executive at Avangate, he started to develop the business on the international markets with a visionary approach, paying attention to details and constantly contributing at the company revenue growth as well as its product development. Since October 2007, as VP of Global Sales, he has been establishing key business development strategies for Avangate, establishing the world-wide sales force across Europe, Russia, China and North America. Now Laurentiu focuses on the European sales team and he personally handles the company's large corporate accounts. As many business partners say, he really understands the software business and his result-oriented attitude architects the overall positive evolution of Avangate.