Clearing and embedded banking fintech ClearBank has named Neil Drennan, a former executive at Visa, as its new chief technology officer.
Drennan, a former CurrencyCloud executive, spent three years as CTO for Visa Cross Border Solutions following its acquisition of the London-based fintech.
He has now been tasked with leading the enhancement of ClearBank’s cloud-based API and payments infrastructure technology as it looks to continue its expansion across the UK and Europe.
“I have admired the way in which ClearBank has shaken up the payments and banking sector over the last decade,” Drennan said.
“Its unique approach of blending innovative cloud-based technology with trusted regulatory processes has established it as a leader in UK financial services, powering many of the fintech industry’s most exciting companies.
“I look forward to getting on board and bringing my experience of working with international clients to drive ClearBank’s growth over the next few years.”
The new ClearBank CTO has also held senior roles at Amazon, Virgin Media and British Gas.
“Neil will bring invaluable experience in streamlining and scaling our leading cloud-based platform, to support our on-going growth,” said ClearBank chief executive Mark Fairless.
“As we expand into new offerings and markets, our technology will continue to be a critical differentiator in the quality and resilience of our propositions for our clients.
“I look forward to working closely with Neil as part of our executive team to continue scaling ClearBank to new heights, and help clients deliver on their ambitions.”