Payment processor Clowd9 hires former Thredd tech lead Paul Hansford as new CTO

  • Paul Hansford joins Clowd9, a UK-based cloud-native decentralized payment processing platform, as its new Chief Technology Officer (CTO).
  • Hansford comes with six years of experience at UK payments firm Thredd, where he held roles such as Head of Software Engineering, Head of Software Development, and CTO.
  • Clowd9 CEO Suresh Vaghjiani highlights Hansford’s extensive fintech experience, global team-scaling expertise, and leadership style as key assets for driving issuer processing innovation.
  • Hansford joins Clowd9 at a “critical juncture”, according to his statement, following a career break after leaving Thredd in January.
  • Clowd9, launched in 2022, offers a real-time payment processing platform for banks and fintechs and is live with institutions like London-based fintech start-up ZORRZ, supporting their BlueAccess Hybrid Credit Card offering.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...