Fay Wu

Fay Wu

Managing Partner, NFQ Ventures Ltd.

Fay Wu is a recognized strategic leader and exemplary business builder with depth and breadth across all major operational areas. Her foundation was established in the North American banking and real estate sector after which she moved into the entrepreneurial world where she spent over 20 years building successful technology consulting and product businesses with global reach. In 2008, Fay co- founded NFQ Ventures, a venture accelerator to invest in and build the next generation of Canadian global companies.

In conjunction with NFQ’s activities, Fay provides strategic and operational guidance and coaching to companies, helping CEO’s scale and accelerate their companies through market strategies, key metrics, management systems, incentive programs, leadership team build- out, venture financing, and M&A transactions.

Prior to this, Fay spent 15 years in an executive role with the Castek group of companies in enterprise insurance software and IT consulting, growing the group from start- up to a 400- person global organization. In addition to growing and leading management teams through volatile economic periods, negotiating business divestiture, partnerships, combinations and sale of the business;; she had primary responsibility for financial stability, raising growth capital, human resources – getting, keeping & growing top talent, implementing scalable operational practices and key business metrics, leading corporate re- branding, plus corporate governance and legal matters, including serving as corporate secretary and board director across all companies

One of her past companies was honoured as one of the 50 Best Managed Private Companies in Canada and recognized with the “Top Product Launch of the Year” award, followed by the “Top Transformation Company of the Year” award in the prestigious Branham Awards competition. Fay’s success is based on building strong relationships across the stakeholder, investment, and legal community and as a result has successfully led financing rounds, raising over $90 million in venture capital.

Prior to the entrepreneurial world, Fay held senior roles with major financial institutions, negotiating and structuring large- scale real estate project financing along with acquisition and corporate financing. During this time, Fay was directly responsible for the growth and management of loan asset portfolios in the $300 million -  $1 billion range.

Fay holds an MBA in international business and finance from the Shulich School of Business (York University) in Toronto. She is a Fellow of the Institute of Canadian Bankers (FICB) and completed the multi- year Birthing of the Giants program for high- growth entrepreneurial companies at MIT, and the Harvard Law School Executive Program in Negotiation. She has been a speaker at various industry and entrepreneurial and served as a coach and judge for several technology events and hackathons.

Fay currently sits on the Ryerson DMZ Business Advisory Council and is also a Momentum executive at MaRS, where she works with high growth companies. She also serves as a member of the University of Toronto Real Estate Advisory Group and maintains an active interest in city planning and development.

Fay is an accomplished photographer, and has her work at several galleries. Other interests include real estate development and scuba diving, combined with a keen interest in different cultures, remote travel, and languages.