“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?