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Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023

Upstart is laying off 365 employees due to reduced demand for lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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AvidXchange Promotes Ex-Fiserv Exec Dan Drees to President
January 31, 2023

Accounts payable (AP) automation and payments solution company AvidXchange has a new president. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Global Processing Services Names Ex-Visa Exec Jim McCarthy as Global Sales and Product EVP
January 27, 2023

Global Processing Services (GPS) has added two members to its leadership team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Marqeta Names Ex-Yahoo Exec Simon Khalaf as CEO
January 26, 2023

Card issuing platform Marqeta has named its Chief Product Officer (CPO) Simon Khalaf as CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Mollie Taps Former Klarna Tech Chief as CEO
January 26, 2023

Payments provider Mollie has named a former Klarna executive as its chief executive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Western Union Appoints Matt Cagwin CFO at ‘Pivotal Inflection Point’
January 25, 2023

Western Union has appointed interim Chief Financial Officer Matt Cagwin as CFO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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The RealReal Names New CEO John Koryl ‘Hyper-Focused’ on Achieving Profitability
January 25, 2023

The RealReal has named eCommerce and omnichannel veteran John E. Koryl as CEO and board member. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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One-Click Checkout Startup Bolt Laying Off 10% of Workforce
January 24, 2023

Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

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Banks Trim Pandemic-Fueled Headcount
January 22, 2023

Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...