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ClearBank names former PayPal exec as new chief product officer

ClearBank, the UK-based clearing and embedded banking platform, has appointed Spiros Theodossiou as its new Chief Product Officer (CPO). Theodossiou will lead the company’s global product strategy and execution while developing the product roadmap for ClearBank’s expansion into new markets.

Facts

  • ClearBank has appointed Spiros Theodossiou as its new Chief Product Officer (CPO).
  • Theodossiou will lead ClearBank’s global product strategy and execution as the company expands into new markets.
  • Theodossiou has over 20 years of financial services experience.
  • He previously served as CPO at cloud accounting platform Dext and SVP of product management at WorldPay.
  • He also served as head of EMEA product operations and senior product manager at PayPal, Paysafe Group, and VoucherCodes.
  • ClearBank revealed its annual results, stating it nearly tripled its income to £58 million in 2022 despite challenging macroeconomic conditions.
  • The company announced its monthly profitability for the first time in Q4 last year.

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