AppointmentsFinTech

Global Banking-as-a-Service (BaaS) platformRailsbankhas appointed industry veteran John Hammond as Chief Commercial Officer.

Hammond, the former CCO ofCurrencycloud, is reuniting with his old colleagues as he steps into his new role.

He will join Nigel Verdon,co-founder and CEO, Chief Technical ArchitectNickBournerand Dov Marmor,Chief Operating Officer, North America, asRailsbankmoves forward from a busy 12 months expanding its international footprint.

Railsbankacquired certain assets, customers and people from¾𳦲’sUK business last year, before raising $37millionin funding in November to help drive growth.

It has just launched in Australia in partnership with local challenger bank Volt.

Hammondhasled functions including marketing, sales, operations, acquisitions and divestments ata number ofsuccessful technology firms andFinTechs. He will be responsible for accelerating鲹԰’sinternational expansion.

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“It’s exciting to be back with the team and I’m really looking forward to bringing the energy that fuelledܰԳ⳦dzܻ’sgrowth toRailsbank,” he said.

We’ve done this before. We’ve failed together, learnt together, and won together. Creating great teams is about trust and we certainly havethat,it’s a great foundation on which to build.

We then went our separate ways to continue our learning, and we’re coming back together with an expanded pool of know-how. We’re allwell awareof our strengths and our limitations – the whole is greater than the sum of its parts.

Drawing on the trust we’ve built between each other over the years, we’re preparingRailsbankfor hypergrowth.

I liken our relationship to the great rock bands. Nigel is the visionary songwriter and lead guitarist – he understands the fintech space like no one else, hence he keeps creating these innovative companies.

Dov is a fantastic frontman, blessed with an amazing network and entrepreneurial spirit, whilst Nick is the bass and the drums, providing the infrastructure and groove for our growth.

And I’m back as therhythm guitarist, helping to knit everything together and drive the band forward!”

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Verdon added: “It’s a real pleasure to welcome John to theRailsbankteam. We’ve achieved a lot together and it means that The Fantastic Four has been reunited. John’s appointment is a huge boost, and he will be instrumental as we deepen our footprint across Europe, Asia Pacific, and the US.”

After working with Verdon atCurrencycloud, Hammond served as Chief Revenue Officer at learning platform Fuse Universal, where his strong sales leadership skills helped the company achieve record growth.