London-based ClearBank has appointed David Samper as its new CFO as the FinTech infrastructure provider accelerates its European and international growth strategy.
The appointment comes after former CFO, Mike Fairless, moved to the role of group CEO in March this year.
Samper brings three decades of financial services experience to the role, with a career spanning retail and commercial banking, strategic finance and M&A across both public and private companies in the UK and overseas.
The news comes as the company looks to build on strong momentum, having recently secured a Credit Institution Licence from the European Central Bank, supervised by De Nederlandsche Bank – a key milestone in its international expansion.
The embedded banking FinTech also said revenues climbed 30% to £112.1m in the year ended 31st December 2024, with total deposits managed growing to £10.8bn, up 77% from 2023.
Its UK business maintained profitability for the second year running in its latest year, recording a £9.9m pre-tax profit on an adjusted basis in FY2024, versus £25.3m for the previous year.
Reporting at a group level for the first time – as a result of costs related to the European expansion and the implementation of a new group structure – ClearBank posted a pre-tax loss of £4.4m.
It has expanded to 11 European markets and serves over 250 clients, including Revolut and Wealthify.
Most recently CFO at Newcastle Building Society, Samper played a central role in doubling the Society’s assets and leading its merger with Manchester Building Society.
His previous roles include senior finance positions at Sainsbury’s Bank and NatWest Group.
“ClearBank’s reputation for technological innovation, best-in-class regulatory compliance and a strong growth strategy makes it one of the most exciting financial services businesses to be a part of,” said Samper.
“I’m delighted to be joining at such a pivotal time and look forward to supporting the next phase of growth in the UK and abroad.”
CEO Fairless added: “I’m thrilled to have someone of David’s experience and calibre join the business.
“His deep expertise across finance, strategy and regulation, spanning both public and private sectors, brings tremendous strength to our leadership team.
“As we scale to unlock our clients’ potential, his contribution will be key to ClearBank’s next phase of international growth.”