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Nydig, the cryptocurrency technology firm capitalising on the institutional embrace of bitcoin, has laid off more than 100 people - about a third of its workforce - according to the Wall Street Journal.
14 October 2022
A financial disclosure form filed in New York this week has revealed that top executives of the now bankrupt Celsius Network withdrew $21 million in cryptocurrencies before freezing customer accounts.
07 October 2022
South East Asian fintech unicorn Xendit is laying off five percent of its staff just months after securing a $300,000 invesment round.
06 October 2022
SoftBank is planning to cut around 30% of staff to their investment arm Vision Fund.
30 September 2022
Celsius CEO Alex Mashinsky has stepped down amid bankruptcy proceedings and former JPMorgan Chase exec Chris Ferraro has been appointed interim CEO.
28 September 2022
Silicon Valley Bank (SVB) UK has announced further Nordic expansion with the establishment of a representative office in Stockholm. SVB previously opened an office in Denmark in late 2019.
Climate-focused fintech, Cultivo, has announced six new board members including former Bank of England governor and current vice chair at Brookfield Asset Management, Mark Carney.
23 September 2022
Reflecting the donwturn in the fintech sector, the latest iteration of Barclays Bank's Rise Startup Academy will focus on on supporting budding founders who find themselves out of jobs due to the current economic climate.
Truelayer is the latest fintech to send staff to the chopping block, AltFi revealed this morning. CEO of the open banking company, Francesco Simoneschi alerted staff that their headcount would be cut by 10%.
16 September 2022
Tech Nation’s Global Talent Visa Report 2022 reveals that international tech leaders are rolling into the UK and strengthening the sector.
12 September 2022
As a mark of respect to Queen Elizabeth II and to honour the national period of mourning in the UK, Finextra Research will not be publishing news or announcements on Friday 9th September 2022.
09 September 2022
ClearBank has announced the appointment of Andrew Barker as its new chief revenue officer.
08 September 2022
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