Tag: USA
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...
BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit
Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit.
Builds upon a previous $250 million debt facility obtained...
YouLend secures £4bn private securitisation deal with JP Morgan
UK-based YouLend announces private securitization deal with JP Morgan.
The deal enables YouLend to extend £4 billion in revenue-based financing to SMEs.
SMEs...
The Bank of Missouri looks to bring digital banking products to fintechs with i2c partnership
The Bank of Missouri (TBOM) forms a five-year partnership with i2c, a Silicon Valley-based banking and payments technology firm.
i2c provides credit, debit,...
Louisiana’s b1Bank partners KlariVis for data analytics platform
B1Bank Partnership:B1Bank, a Louisiana-based community bank, has chosen KlariVis as its data analytics partner.
The partnership involves utilizing KlariVis Advantage, a core...
Bread Financial names former Amex CIO Allegra Driscoll as new CTO
Bread Financial Announcement:Allegra Driscoll was appointed as EVP and CTO.
Focus on advancing enterprise technology priorities.
Goal: Expand private-label credit card offerings...