India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service
Tata Consultancy Services (TCS) is reportedly in contention to take over the administration of the UK's Faster Payments network from Mastercard-owned Vocalink.
The...
Twig enters liquidation, becoming latest UK fintech to shut down
UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation.
Insolve Plus...
ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera
New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform.
Kafene's technology claims to...
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....
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...
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...
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...
