In his new role, Clump will lend his strategic and managerial expertise to the expanding business as Cybertonica seeks to continue innovating in the fraud and risk management space.
Joshua Bower-Saul, Cybertonica’s CEO, emphasised: “We are very excited to bring Carl’s expertise to the table. His vast experience in running an international business in the payments space will add great value to the current board, composed of other strong tech industry players. Carl comes with a wealth of practical growth hacks from his own startup journeys, as well as a great network.”
As a decorated entrepreneur in the fraud and payments sectors, and having led several fintech companies to triple-figure growth, market leadership and successful exit, Clump can be a key addition to the growth of Cybertonica.
He was also behind one of the world’s first Card-Not-Present (CNP) fraud prevention platforms, Retail Decisions (ReD plc).
On his new role, he stated: “Joshua and Jane Butler, Chair of the Board, have given me a tremendous opportunity back in the fintech world. Cybertonica reminds me very much of ReD in its early years.
“It has a talented group of people with a real customer focus, backed by an exceptional and flexible technology platform. This combination of talent, technology and focus historically allowed us to protect many of the world’s largest companies in fields such as Retail, Travel, Mobile Telephony and Card Issuing. Cybertonica has the same characteristics and is now on the launchpad for sustained growth.”
Jane Butler, Chair of the Board, concluded: “I am personally delighted to be able to collaborate with Carl to see Cybertonica bring its world-beating solutions and core technologies to even more sectors fighting online fraud. With Carl’s presence and advice brought to bear the Company is positioned to achieve growth at rates faster than the market.”