Banking
Lack of funding forces US credit card fintech Ness to close down
Ness Closure Announcement:US fintech Ness, specializing in credit cards for wellcare, is shutting down.
CEO Derek Flanzraich cites running out of cash...
Banking
US fintech Carta reportedly conducts third round of layoffs this year
San Francisco-based equity management tech firm Carta undergoes its third round of layoffs this year.
The company, last valued at $7.4 billion, had...
Banking
BaaS fintech Synapse lays off 40% of staff in fresh round of job cuts
US-based Banking-as-a-Service platform Synapse has laid off 40% of its employees in its second round of job cuts this year.
Facts86 employees, about 40%...
Business
GoCardless names Franck Cohen as first chairman of the board
GoCardless, a UK-based paytech company, has appointed Franck Cohen as its first chairman of the board. Cohen brings extensive technology and software experience to...
Business
Payoneer becomes latest fintech to cut jobs
Payoneer, a New York-based payment platform, is planning to cut 9% of its workforce by Q3 2023. The company aims to enhance productivity, streamline...
Banking
Robinhood reportedly laying off 7% of staff in fresh round of job cuts
US stock trading app Robinhood is reportedly laying off around 150 staff, which accounts for 7% of its full-time employees. This marks the third...
Banking
German mobile tax app Taxfix cuts 120 jobs in restructuring effort
Berlin-based mobile tax app Taxfix has implemented a restructuring effort, resulting in the layoff of 120 employees, which accounts for approximately 20% of its...
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