Global satellite communications provider Inmarsat has appointed Fredrik Gustavsson as the company’s chief strategy officer (CSO).
Internet payments software provider Stripe has raised $733 million (US$600m) with completion of a funding round, with the capital to be used for investment in its European operations and to expand its Global Payments and Treasury Network to support what it says is “surging demand” from enterprise heavyweights.
Real-time payments and open banking specialist Split Payments has promoted Chris Jewell to CEO, and hired Matthew Zaina as COO and Graham Hayworth as CFO.
Swiss bank Credit Suisse has found an easy way to get rid of IT employees as part of a cost-cutting drive: simply transfer them to the Indian outsourcing company which is doing its work.
Telecommunications provider Vocus has experienced another day of falling share prices, ending Thursday at $2.38.
Vocus Communications is to raise $14.9m in new equity through a share placement to institutional and sophisticated investors, followed by up to $7.5m through an offer to existing shareholders.
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