CLOWD9, the first cloud-native issuer processor to connect to Visa, Mastercard and Discover’s cloud endpoints, today announced the appointment of payments entrepreneur and digital transformation leader Todd Clark to its Board of Directors as non-executive Chairman.
Clark brings over three decades of experience driving innovation in global payments, fintech, and financial services infrastructure, positioning CLOWD9 to accelerate its mission of democratizing access to faster, more cost-effective, and secure payment solutions worldwide.
Clark’s appointment comes as CLOWD9 scales its operations across five continents and doubles down on growth from it’s London HQ and North America operations. The company’s cutting-edge platform which was designed by cloud engineers empowers businesses to deploy agile payment products in record time compared to current industry timeframes with unrivalled reliability, capitalizing on a global payments market projected to surge to $135 billion by 2027. By being one of the first issuer processors to leverage pioneering cloud-native architecture and direct integrations with the latest cloud based global card networks, CLOWD9 eliminates legacy infrastructure barriers, enabling clients to reduce costs, accelerate time-to-market, and future-proof their payment ecosystems without any geographic barriers.
Todd Clark, Chairman of the Board, CLOWD9, stated: “I joined CLOWD9 because they are the first issuer processing company to truly leverage cloud-native technology by design . As the first issuer processor connected to Visa and Mastercard’s cloud endpoints, they’re redefining speed and resilience in payments. Traditional platforms are shackled by outdated systems—CLOWD9’s architecture is built for today’s demands, slashing costs and global deployment times by months. This isn’t just incremental improvement; it’s a leap forward. It’s not just the technology that sets CLOWD9 apart. I’m here to add support to an experienced, knowledgeable team who are already providing an exceptional service to their customers, so that together we can scale globally and thrive in a digital first economy.”
Suresh Vaghjiani, CEO of CLOWD9, stated:
“Todd’s visionary leadership and deep-rooted understanding of payment ecosystems make him an invaluable addition to our board. As we enter a pivotal phase of growth, his insights and experience in transforming both startups and large international corporations will be critical in advancing our platform’s capabilities and delivering unparalleled value to clients. Todd shares our commitment to democratizing access to next-generation financial infrastructure, and we’re thrilled to welcome him to the CLOWD9 family.”