Railsbank reunites Currencycloud founding team with John Hammond hire
Banking-as-a-Service (BaaS) provider Railsbank has appointed John Hammond as its new chief commercial officer (CCO).
Railsbank says it has “brought the band back together”
Hammond, the former CCO of Currencycloud, is joining up with old colleagues at his new firm.
Nigel Verdon (co-founder and CEO), Nick Bourner (chief technical architect), and Dov Marmor (chief operating officer for North America) all worked with Hammond at Currencycloud.
“It’s exciting to be back with the team,” says Hammond. “I’m really looking forward to bringing the energy that fuelled Currencycloud’s growth to Railsbank.”
In August 2020, Railsbank emerged as the frontrunner to acquire assets, customers, and employees from the UK operations of ailing firm Wirecard.
The company then raised $37 million in November to help drive new growth, followed by a March 2021 launch in Australia.
“We’ve failed together, learnt together, and won together,” says Hammond. “Creating great teams is about trust and we certainly have that, it’s a great foundation on which to build.
“Drawing on the trust we’ve built between each other over the years, we’re preparing Railsbank for hypergrowth.”
Railsbank CEO Verdon adds: “It’s a real pleasure to welcome John to the Railsbank team. We’ve achieved a lot together and it means that The Fantastic Four has been reunited.
“He will be instrumental as we deepen our footprint across Europe, Asia Pacific, and the US.”
After working with Verdon at Currencycloud, Hammond served as EMEA sales director and senior vice president at software firm 1E.
He followed this with two years as chief revenue officer at learning platform Fuse Universal.
Related: Under the hood of London payments platform Currencycloud
