B2B eCommerce and FinTech platform Tradeshift has appointed Iain Balchin as its newest chief financial officer (CFO). Balchin has experience in helping to elevate FinTech firms, Tradeshift said in a Tuesday (Feb 13) press release. During his tenure as the interim CFO at crypto payment...
PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a separation agreement on Wednesday (Feb. 7), PayPal said in a Monday (Feb. 12) filing with the Securities and Exchange Commission...
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody business that Adrien and his team built, as well as his leadership in integrating the custody team and solution with...
Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and operations to reduce costs, align with the globalization of its business, lengthen its cash runway and accelerate its path to...
Plaid has named its first president, the latest hire on the FinTech’s road to going public. Jen Taylor is joining the company after seven years as chief product officer at Cloudflare, Plaid CEO Zach Perret wrote in a blog entry Thursday (Feb. 8). “Jen’s experience scaling products to meet increasing customer demand...
Payments Canada, the public purpose organization responsible for owning and operating Canada’s payment systems, is undergoing a leadership transition. Tracey Black, the president and CEO, has decided not to renew her term, the organization said in a Wednesday (Feb. 7) press release. Black, who has been...
Worldline is planning to cut 8% of its workforce, part of a wave of financial sector layoffs. The French payments company is looking to reduce costs by around $215 million and “support stronger future growth and cash generation,” according to a Wednesday (Feb. 7) press...
Approximately 32,000 tech workers have lost their jobs so far in 2024. These layoffs come after a wave of job cuts made during 2023 in response to over-hiring during the pandemic, Bloomberg reported Monday (Feb. 5), citing data from Layoffs.fyi. However, the layoffs made in 2024 are smaller...
Snap has become the latest tech company to cut staff as it chases profitability. The Snapchat parent company announced in a Securities and Exchange Commission (SEC) filing Monday (Feb. 5) that it plans to lay off 10% of its full-time workforce. “In order to best position our business...