Industry Pioneer with Deep International Payments Expertise Joins Cloudridge to Accelerate Growth in Global Cross-Border Payments Market
Cloudridge Inc., a leading provider of modern banking and payment infrastructure solutions, today announced the appointment of Shalom Dodoun, a seasoned fintech founder and payments industry veteran, to its Board of Advisors. This strategic addition strengthens Cloudridge’s leadership team as the company continues to expand its financial technology software, API integration solutions, and comprehensive payments products in the rapidly evolving global payments landscape.
The appointment comes at a critical time for the payments industry, which processes over $2 trillion in cross-border transactions annually yet continues to face significant operational challenges. Traditional international wire transfers can take 3-5 business days to complete, while interchange fees often consume 2-4% of transaction value. Additionally, businesses struggle with lengthy settlement periods, complex regulatory compliance requirements, and limited control over the payment experience.
Shalom Dodoun brings extensive experience and deep contacts within the international payments, foreign exchange (FX), and digital assets space to Cloudridge’s advisory board, where he will provide strategic guidance on business development, market expansion, and product innovation initiatives. His proven expertise in navigating the complex global payments ecosystem positions him to help Cloudridge address these industry pain points while capitalizing on emerging opportunities in digital financial infrastructure.
“We are thrilled to welcome Shalom to our Board of Advisors,” said CEO Eyal Sagi of Cloudridge Inc. “The global payments industry is ripe for disruption, and Shalom’s proven track record as a fintech founder, combined with his deep industry expertise and international network, will be invaluable as we continue to revolutionize how companies launch sophisticated financial services. His insights into cross-border payments, regulatory frameworks, and emerging technologies will help us accelerate our mission to eliminate traditional development complexity and costs for our clients.”
Dodoun’s appointment signals Cloudridge’s commitment to addressing the core inefficiencies that plague traditional payment systems. With his guidance, the company is positioned to leverage its software to help businesses overcome the industry’s most persistent challenges, including reducing settlement times, minimizing transaction costs, and simplifying compliance processes.
“The payments infrastructure landscape is undergoing a fundamental transformation,” said Shalom Dodoun. “Cloudridge’s innovative approach to API-driven financial services represents exactly the kind of solution the market needs. I’m excited to contribute to their vision of making sophisticated payment capabilities accessible to businesses of all sizes, without the traditional barriers and costs that have historically limited innovation in this space.”
