Press11th January 2024

ClearBank appoints new Group Head of Embedded Banking and Group Head of Channels and Alliances

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ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances.

Paul has had a 20-year career in banking, and building technology businesses across multiple industries. He is an active commentator and advocate for safe and well-regulated embedded banking. Paul has also founded several technology companies over the years, from oil and gas marketplaces to building a SaaS platform that solves the complexity of the logistics for ports and construction sites. Paul will be responsible for developing the embedded banking business at ClearBank as it expands into Europe.

Before joining ClearBank, Paul was an Embedded Banking advisor to several private equity and venture capital firms and was formerly one of the Founding Executive team of HSBC’s Global Embedded Banking business. At HSBC, he was charged with building and scaling the business by solving complex banking needs for customers and, in doing so, unlocking value for all parties involved. 

“ClearBank’s technology, coupled with the strength of a well-funded, responsibly led, and unquestionably compliant bank, is a great combination when it comes to delivering embedded banking,” said Paul Staples, Group Head of Embedded Banking at ClearBank. “Finding deep value through new propositions that no one has conceived before or considered too hard is an exciting opportunity and the ClearBank team is well positioned to deliver on this.”

Nick Ford joins ClearBank having spent over 15 years within SaaS and Risk Managed Services and was previously Vice President of Global Alliances for 6 years at Encompass Corporation, a leader in dynamic KYC Automation. During this time, he established global partner relationships across the UK, Europe, Australia and North America, responsible for driving indirect revenue from partners as well as driving revenue to the direct sales team.

“I'm focused on building out a global strategy that will drive indirect channel revenue while expanding on ClearBank’s current partner ecosystem as we move into Europe,” said Nick Ford, Group Head of Channels and Alliances at ClearBank. “I’m thrilled to join ClearBank during this exciting stage and eager to place our new and existing valued partners at the forefront of our growth trajectory.”

“It’s fantastic to have both Paul and Nick on board; they bring a wealth of experience to their newly created roles and join us at a pivotal time for ClearBank. With expansion into Europe planned this year, I’m looking forward to seeing what we’ll achieve from building on our new and existing partnerships and further developing our industry-leading embedded banking offering” said Andrew Barker, Chief Revenue Officer at ClearBank.

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