Acquired.com Appoints Former Stripe Leader Lee Clifton as COO
Portfolio - People | Jan 21, 2025 | Business Cloud
Acquired.com, a London-based FinTech company, has appointed Lee Clifton as their new Chief Operating Officer (COO). Clifton's appointment follows a recent strategic hire and a successful £4 million funding round from Beach Point Capital Management. Clifton, who previously served as the global head of payments performance and strategy at Stripe, brings a wealth of experience from the payments and finance industry, having held several leadership roles at JPMorgan too. He joins Acquired.com at a time when the company seeks to escalate its growth trajectory and market presence, with an ambition to become the leading payments provider in recurring commerce globally. The firm has experienced over 200% growth in the past three years. Clifton's new role will include strengthening key strategic relationships and enhancing operational excellence. Greg Cox, co-founder and CEO, expressed his excitement about Clifton’s appointment as part of the company’s ambitious growth journey. Acquired.com is part of the Quint Group, which focuses on building and scaling FinTechs addressing key issues in payments and credit.
Sectors
- FinTech
- Investment Management
Geography
- United Kingdom – Acquired.com is based in London, indicating that the primary geography of focus for the company and the article is the UK.
Industry
- FinTech – Acquired.com operates in the FinTech industry, providing innovative financial technology solutions, particularly in payments and commerce.
- Investment Management – Beach Point Capital Management, a participant in the article, is involved in funding, representing the investment management sector.
Financials
- 4,000,000 – Funding amount provided by Beach Point Capital Management to Acquired.com.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acquired.com | Target Company | Company | A London-based FinTech seeking to become a leading payments provider in the recurring commerce sector. |
| Beach Point Capital Management | Investor | Company | Provided £4 million in funding to Acquired.com, enabling further growth and strategic hires. |
| Lee Clifton | COO | Person | Recently appointed COO of Acquired.com, previously with Stripe as global head of payments performance and strategy. |
| Stripe | Former Employer of Lee Clifton | Company | A global technology company building economic infrastructure for the internet, where Lee Clifton was previously employed. |
| Greg Cox | CEO | Person | Co-founder and CEO of Acquired.com, overseeing company growth and strategic direction. |
| Quint Group | Parent Company | Company | A parent company of Acquired.com, focusing on building and scaling FinTechs in payments and credit. |