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Matt Fordyce
Head of Sales
Matt Fordyce is a highly experienced professional who holds a Bachelors of Science degree in Finance from the University of Colorado Boulder.
With an extensive career background, Matt has held prominent sales positions in various reputable organizations.
He served as the Head of Sales at Clutch, VP Enterprise Sales - Digital at Siemens, Director of Enterprise at WeWork, Strategic Account Executive at Blend, Boomerang Commerce, and Quri, Corporate Development Associate at Union Bank, and Investment Banking Analyst (M&A) at Macquarie Group.
His diverse experience showcases his expertise in sales, strategic account management, enterprise development, corporate finance, and investment banking.
Matt Fordyce's educational background coupled with his accomplished professional journey positions him as a seasoned professional in the fields of finance, sales, and corporate development.
Highlights
Thrilled to announce I'm starting at Clutch as Head of Sales. A bizarre time to be joining a startup, let alone FinTech. For me it came down to answering a few key questions to evaluate the opportunity.
Why Change? -There's a massive gap in the market. "Too big too fail" banks have massive technology teams that have built great products in-house (e.g. Chase spends $12B/year) -FinTechs have created delightful consumer experiences, but lack regulatory status -Credit Unions have traditionally relied on brick & mortar branches to acquire and service their members, and are about ~10 years behind the technology curve -80% of credit union tech providers are owned by Private Equity (e.g. financially engineered for margins, zero innovation) -Clutch software closes this gap, and enables credit unions to compete like FinTechs
Why Now? With the downward spiral of SVB, and potentially other regional banks, there will be a flight to safety. Credit Unions are uniquely positioned to capture wallet share because they are tax-exempt, not-for-profits, and offer lower interest rates but have historically lacked digital capabilities to help their members
Why Clutch? -World Class Team! From the first interview, to spending time with the entire team, I was blown away by the rare combo of 1) turbo charged intelligence, and 2) low ego & humility -Multiples ahead of ARR vs. other Series A companies -Marquee investors: a16z, and CUNA Mutual
To the long list of friends, supporters, and people that made intros when they didn’t have to… thank you. The best thing I can do is pay it forward. Clutch is hiring, and happy to make introductions. Looking forward to going on this wild ride!
Some nice press coverage. Validated by Gartner as the most advanced solution in the market.
