Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....
UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO).
With over 30 years of experience in financial services,...
Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its workforce—in September to streamline operational...
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner. The transaction’s value is undisclosed...
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
