Bolt appoints interim CEO as Maju Kuruvilla departs
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
The news comes after Wyre was set to be acquired by e-commerce checkout fintech Bolt in April last year for $1.5bn.
The news follows a string of layoffs in the fintech space in recent weeks.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
Breslow has moved to a new role as executive chairman, focusing on funding and acquisitions.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Bolt says it has doubled its valuation in three months.