Till Payments brings in new CEO after down round
Till Payments has found a new CEO to replace co-founder Shadi Haddad, who “relinquished” management leadership in March after the startup raised $70 million Street
Stay updated with breaking news from Till Payment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Till Payments has found a new CEO to replace co-founder Shadi Haddad, who “relinquished” management leadership in March after the startup raised $70 million Street
Till Payments co-founder Shadi Haddad will be replaced as the company’s chief executive officer, only days after the group banked a $70 million capital injection.
Till Payments laid off a big chunk of its staff and cleaned out its board, but it has banked big funding and plans to refocus on profitability.
Till Payments has laid off 120 staff, while installing three new board members in a company-wide shake-up for the fintech.
There’s instability at the top of Australian fintech Till Payments, right as the company tries to get investors to cough up funds in a “down round” fundraising.