UK open banking fintech Kikapay winds down
Company Closure:London-based fintech Kikapay, founded in 2018, is winding down operations.
Platform facilitated single immediate and fixed recurring payments via open banking....
Santander names Petri Nikkilä as new Openbank CEO
Santander appoints Petri Nikkilä as the new CEO of Openbank, effective from May.
Nikkilä to lead Openbank's current markets and promote international expansion.
...
Blackhawk Network inks agreement to acquire Rewards-as-a-Service platform Tango Card
Acquisition Agreement: Blackhawk Network (BHN) has signed an agreement to acquire the Rewards-as-a-Service (RaaS) platform Tango Card.
Tango Card Specialization: Tango Card, founded in...
Amplifi Capital lands £22.5m funding to fuel Reevo Money expansion
Amplifi Capital secures £22.5 million funding from M&G Investments.
UK-based fintech plans to expand Reevo Money, its personal loan platform, nationwide.
Reevo Money,...
MessageBird seeks entry into financial services with call for potential acquisitions
MessageBird's Acquisition Interest:Dutch cloud communication platform MessageBird expresses interest in acquiring licensed payment service providers.
CEO Robert Vis announces the company's focus...
Kriya announces new £50m funding facility from Viola Group
UK fintech Kriya secures £50 million funding from Israel’s Viola Group for B2B payments.
Founded in 2011, Kriya offers payment and credit solutions...
Jack Dorsey’s Block lays off staff across Cash App, Square and foundational teams
Block, a San Francisco-based payment solutions specialist, is implementing job cuts across its Cash App, Square, and foundational teams.
Block CEO Jack Dorsey...
Conversational AI platform Kore.ai raises $150m funding to fuel growth
Kore.ai secures $150 million investment
Funding led by FTV Capital, with participation from Nvidia, Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie
Total...
PayPal to trim workforce by 9% over 2024 in bid to streamline business
PayPal Job Cuts:PayPal to cut approximately 9% of its workforce throughout 2024.
Expected impact on around 2,500 jobs.
CEO Alex Chriss confirms...
