CLOWD9 Positions for Market Leadership with Veteran Appointment Scott Walker
His appointment is seen as a strategic move to bolster CLOWD9’s leadership as it navigates a global payments market that is projected to reach a staggering $135 billion by 2027.
CLOWD9, the pioneering fintech recognized as the world’s first 100% cloud-native issuer processor, has announced the appointment of veteran entrepreneur Scott Walker to its Board of Directors as a Non-Executive Director. Walker, the former President and CEO of Billmatrix Corporation, brings a wealth of experience in scaling small entrepreneurial firms into market leaders. His appointment is seen as a strategic move to bolster CLOWD9’s leadership as it navigates a global payments market that is projected to reach a staggering $135 billion by 2027.
The appointment comes at a high-growth period for CLOWD9, which remains the only issuer processor to connect directly to the cloud endpoints of major networks including Visa, Mastercard, and Discover. By utilizing a 100% cloud-native architecture, the platform removes the rigid barriers associated with legacy infrastructure. This enables businesses to deploy agile payment products with unrivaled efficiency, significantly reducing the time-to-market and lowering operating costs compared to traditional industry standards.
Reflecting on his new role, Walker noted that CLOWD9 has successfully addressed a long-standing industry challenge: delivering true cloud-native processing at a global scale. He emphasized that the company’s architecture does not represent mere incremental change but serves as a foundation for market leadership in a digital-first economy. Walker expressed strong confidence in the existing team and their ability to provide exceptional service while expanding into new international territories.
Suresh Vaghjiani, CEO of CLOWD9, highlighted the importance of Walker’s proven track record, specifically pointing to his experience in scaling Billmatrix to a $350 million exit with Fiserv. Vaghjiani stated that this expertise in both startup growth and enterprise market navigation will be critical as CLOWD9 accelerates its trajectory. The collaboration aims to further the company’s mission of democratizing access to next-generation financial infrastructure and capturing a larger share of the evolving global market.
