“Can a greenfield, cloud-native issuer processor built on microservices displace legacy incumbent processors for the next generation of global card programs?”
Founded in July 2021, Clowd9 was purpose-built as a cloud-native issuer processor — differentiating itself by being the first platform to connect to Visa, Mastercard, and Discover cloud endpoints natively. Rather than lifting-and-shifting legacy infrastructure to the cloud, Clowd9 built on microservices and Golang from scratch, targeting program managers, challenger banks, fintechs, and crypto platforms as customers. Its B Corp certification and sustainability angle is a secondary differentiator. The strategic question the company is currently answering: can a greenfield cloud-native issuer processor displace incumbent processors (TSYS, FIS, Worldpay) for next-generation card programs globally?
Clowd9 processes payments through Clowd9 Issuer Processing (self-operated).
Clowd9's cards are issued through Clowd9 (self-operated).
Clowd9 runs its ledger on Clowd9 On Ledger (self-operated).
The Embedded Finance Index 2026 maps 4 layers in Clowd9's stack: Payments / PSP (Clowd9 Issuer Processing (self-operated)); Card issuing (Clowd9 (self-operated)); Ledger (Clowd9 On Ledger (self-operated)); Lending (Dynamic lending (challenger bank / SME solution) and BNPL / instalment payments (via ZORRZ BlueAccess integration)).
Clowd9 is founded in 2021 and headquartered in London, United Kingdom.
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