Mynewsdesk has undergone significant restructuring and, under its new CEO Gustav Berghog, is seeing recurring revenue rise again after a recent decline. The CEO says the need for manual customer support has dropped markedly.
Manna’s chief executive Bobby Healy said he is moving to Oklahoma because he believes the US market offers a more supportive environment for the company’s drone delivery business, contrasting it with what he perceives as a less business‑friendly climate in Europe.
Swedish music licensing platform Epidemic Sound announced the appointment of Erik Wahlberg as its new permanent CEO. The leadership change comes after a difficult year and a swift acquisition earlier in the summer, with Wahlberg tasked with driving the company’s AI strategy.
In an interview with Tech.eu, DeepL’s founder and CEO Jarek Kutyłowski explained why the company is not rushing an IPO, emphasizing the benefits of staying private at this stage.
Vivid, a European financial platform for professionals, announced the appointment of Julien Tarrisse as Managing Director France to accelerate its development in the French market and offer an all‑in‑one solution for freelancers, entrepreneurs and SMEs.
n8n’s chief executive Jan Oberhauser said the startup aims to attract one billion users worldwide without expanding beyond a thousand staff members, signalling a focus on scalable, lean growth.
Tatiana Shalalvand, a prominent investor at Kinnevik, has decided to move to the venture capital firm Cherry, aiming to find the next trillion‑dollar company, which she believes will likely originate from the Nordics or Sweden.
Swedish sleep‑app startup Sleep Cycle announced a major cost‑cutting plan, slashing roughly 40% of its staff and ending multiple consulting engagements to save 35 million SEK. The move follows Altor becoming a major shareholder in the company.
Swedish fintech Trustly announced it will lay off about 200 employees, roughly 25% of its staff, as part of a restructuring aimed at sharpening its focus on the fast‑growing open‑banking market. The cuts mainly affect teams in Brazil, while the company, which has raised $438 million from investors such as BlackRock and Nordic Capital, continues to serve thousands of merchants globally.
Bitpanda, the Austrian fintech platform, announced that its CEO is leaving the company again.