Tom Adams departs Cash App to take on Chief Technology Officer role at Dutch payment company Adyen

Tom Adams is set to join Adyen as Chief Technology Officer (CTO). He will be succeeding Alexander Matthey, who after a decade of building the FinTech firm will end his tenure later this year.

“As we look at the opportunity ahead, we find ourselves in a key position to solve for the continued complexity that we see in the payments landscape,” says Pieter van der Does, Co-Founder and Co-CEO at Adyen.

“With Tom’s experience in building and leading a global engineering organisation, as well as driving product innovation at scale, we look forward to his contributions as we advance the benefits of our single platform.”

Adams will join from Cash App, a consumer business vertical of Block, where he served as Head of Engineering for four years.

As CTO, he will oversee the strategic and technological vision of Adyen’s single platform which encompasses payments, data and financial products.

“As the financial services industry continues to digitalise, and as we see shopper expectations continue to evolve, there is immense opportunity to drive innovation in this space,” says Adams.

‘’I look forward to joining this exceptional team to help continue to execute on Adyen’s long-term growth ambitions and to drive customer-led innovations at scale.”

Adams’ appointment has been given the thumbs up by the Dutch Central Bank (De Nederlandsche Bank) and is subject to approval by shareholders at an upcoming EGM.

2024 RTIH INNOVATION AWARDS

Payments is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.

The awards, sponsored by CADS, 3D Cloud, Retail Technology Show 2025, and Business France, celebrate global tech innovation in a fast moving omnichannel world.

It’s free to enter and you can do so across multiple categories.

Key 2024 dates

Friday, 25th October: Award entry deadline 

Tuesday, 29th October: 2024 shortlist revealed

30th October-6th November: Judging days

Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.