Human resources

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Remote and hybrid working amplfying burnout in financial service professionals - survey

A new study by LemonEdge, a global digital accountancy platform for the private capital and venture capital industry, found that while some workers have experienced the positive benefits of hybrid working, and even decreased levels of burnout, a third (33%) of financial and banking services workers state levels of burnout has increased due to changes in work environment since the pandemic and working from home hybrid model. Within this, one in six (14%) state burnout has increased exponentially.

/people

Transunion appoints Amanda Rendle to UK board

Global information and insights provider TransUnion has appointed Amanda Rendle to its UK board as a non-executive director. Amanda brings experience in marketing and communications spanning four decades, with particular expertise in financial services.

/people

Bitstamp appoints JB Graftieaux as new global CEO

Bitstamp, the longest-running crypto exchange, today announced that JB Graftieaux has been appointed new Global CEO of the company. Graftieaux joined Bitstamp in May 2021 as the company’s Europe CEO.

/people

GPS group CCO Neil Harris joins Pannovate as group CEO

Pannovate, a leading TechFin provider, today announced the appointment of Neil Harris, to the role of Group Chief Executive Officer.

/inclusion

LuxSE and UN Women join forces to advance gender finance

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s empowerment.

/people

Global Processing Services names new chief revenue officer

Global Processing Services (GPS), a leading global payment technology platform, has today announced the appointment of Simon Stanford as Chief Revenue Officer. Based in London, Stanford sits on GPS’ global executive committee and leads the company’s global commercial, partnerships and customer relationship management, and marketing teams with a focus on developing GPS’ global partnerships ecosystem, marketing and brand strategy, and driving revenue growth worldwide.

/people

PensionBee publishes gender pay gap figures

PensionBee, a leading online pension provider, has revealed a median hourly pay gap of just 1.6%, and a median bonus pay gap of 0% among its staff, as at 31 December 2021.

/people

Edinburgh fintech specialist Origo: Startups restricted by hot recruitment market

An aggressive recruitment market could hamper start-ups in Scotland’s booming financial technology sector, according to senior fintech experts.

/people

Nium appoints Dylan Lowrey to General Counsel

Nium, the modern platform for global money movement, today announced the appointment of Dylan Lowrey, to General Counsel. Lowrey joined Nium in 2021 as Head of Regulatory Affairs and Product Law and has helped the company launch new services in complex emerging markets, while expanding the company’s global license portfolio. He will continue to report to Prajit Nanu, CEO and Co-Founder of Nium, and is based in the company’s San Francisco co-headquarters.

/Human resources

Employment Hero soars to unicorn status with new funding and acquires KeyPay

All-in-one HR, payroll and benefits platform, Employment Hero, today announced it has closed a £96 million funding round, led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders.

/people

Skilling hires former Oanda CMO

Skilling, a high-growth fintech company focused on CFD trading, has announced the appointment of David Hodge as Chief Marketing Officer as part of its global expansion strategy following an incredibly successful trading year.

/startups

Techstars London welcomes new managing director

Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customised programming for early-stage entrepreneurs, has announced the appointment of Saalim Chowdhury as Managing Director of Techstars London. He follows predecessor Eamonn Carey.

/people

Wise offers staffers 18 weeks paid parental leave

At Wise, we believe that rewarding people should be simple, transparent and fair for everyone, everywhere. That’s why, from January 2022, we’ve introduced a new minimum standard for global leave policies in all our locations.

/people

Credit Suisse Group chairman Horta-Osório resigns after breaking Covid-19 rules

Credit Suisse Group today announced that the Board of Directors (Board) has appointed Axel P. Lehmann as the bank’s new Chairman effective immediately. He succeeds António Horta-Osório, who resigned following an investigation commissioned by the Board. Under the leadership of Axel Lehmann, the Board and the Executive Board will continue to execute Credit Suisse’s strategy, driving forward the transformation of the bank.

/people

Tiku Patel joins Tesco Bank board

Tesco Bank has today unveiled its board's new independent non-executive director, Tiku Patel – CEO of private equity owned technology and analytics driven motor finance provider, Blue Motor Finance.

/retail

ING to exit retail banking in France

ING announced today that it will leave the Retail Banking market in France. This decision is the outcome of the strategic review that was announced in June 2021. As announced in June, ING’s Wholesale Banking activities in France will be continued, with a focus on strengthening our position and the ambition to be the go-to-bank for sustainable finance.

/people

Wombat appoints ex-Revolut director to advisory board

Chad West joins Micro-investing platform Wombat as it prepares for European expansion and the launch of new products and features in 2022.

/people

Checkout.com taps Meron Colbeci as new chief product officer

LONDON —DECEMBER 17, 2021—As part of its continued drive to innovate across its global payments processing platform, Checkout.com today announced the appointment of Meron Colbeci as its chief product officer.

/startups

Mollie opens fintech Centre of Excellence in Maastricht

Mollie, one of the fastest-growing payment service providers in Europe, today announced it will be opening a new fintech Centre of Excellence in the city of Maastricht, Netherlands. The centre will be an extension of Mollie’s headquarters in Amsterdam, allowing the business to scale and drive growth for its 125,000+ merchant clients. The Maastricht fintech Centre of Excellence will house new employees sitting across a wide range of departments including development, operations and customer experience. The launch follows the company’s 665 million Euro Series C funding round led by Blackstone Growth, announced in June, which made Mollie one of the most valuable privately held fintechs in Europe.

/crypto

Okcoin commits $1 million to boost inclusivity in crypto

SAN FRANCISCO, December 2, 2021 – Okcoin, one of the world’s fastest-growing cryptocurrency platforms, today announced that it is kicking off the next phase of its mission to make the crypto industry more inclusive through the launch of a $1 million commitment to bring more women into crypto. Okcoin also announced the inaugural member of its brand advisory council, Randi Zuckerberg, whose primary focus will be to advise the company on inclusivity initiatives and reach the goal of a 50% female customer base by 2025.

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