PayTech

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes as the company shifts its focus towards AI technologies.This marks a...

Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips

Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The...

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...
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UK payments platform Thredd appoints Edwin Poot as new global CTO

Thredd Appoints Edwin Poot as Global CTO:Appointment at Thredd:Edwin Poot has been appointed as the new Global Chief Technology Officer (CTO) at...

PayPal extends payment options for online SMEs with new solution

PayPal Launches Complete Payments for SMEs:New Offering:PayPal has introduced a new solution called "PayPal Complete Payments" targeting small and medium-sized enterprises (SMEs)....

Deel acquires Africa-based payroll company PaySpace

HR solutions fintech Deel has acquired payroll and HR company PaySpace for an undisclosed amount. PaySpace, founded in 2002 and based in South...

Real-time payments platform Volt lands UK EMI licence from FCA

UK-based paytech Volt has been granted an Electronic Money Institution (EMI) licence by the Financial Conduct Authority (FCA), adding to its existing European...

ABN Amro partners Dutch paytech Buckaroo for merchant payment services

Dutch bank ABN Amro has chosen Buckaroo to provide online and point-of-sale merchant payment services for its retail business clients. Buckaroo will take...

Erica Gee appointed new COO of US payment solutions vendor NXTMoves

US payment solutions provider NXTMoves has appointed Erica Gee as its Chief Operating Officer (COO). In her new role, Gee will lead NXTMoves'...

Dayforce selects Green Dot as BaaS partner for on-demand pay solution

Dayforce, the Canadian payroll software firm, has chosen Green Dot, a US-based digital bank and fintech, as its Banking-as-a-Service (BaaS) partner for its...

ICYMI fintech funding round-up: Zūm Rails, Pulsate, Monite, Spektr and more

Montreal-based payments software vendor Zūm Rails has raised $10.5 million in a Series A funding round led by Arthur Ventures. Zūm Rails plans...

PayComplete appoints former co-president Simon James as new CEO

UK-based cash management solutions provider PayComplete has promoted its former co-president, Simon James, to the position of CEO. Simon James, who has been...
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