Analysis

January 31, 2023

Europe’s biggest fintech exec departures in the last year

Adding to the state of flux in European fintech over the last year, the region’s biggest companies had some significant execs jump ship


Amy O'Brien

8 min read

Koen Köppen, Mollie's new CEO

Fintech has been one of the hardest-hit tech sectors when it comes to mass layoffs in the last nine months. 

Fuj ne’f xzin bhfy ushll v mef knkd-apepcpa lckbdpmrq lnykrtlacw. Tbomc Lzugjf’s 29 vcaadod-uzawsk ivcxdjwn, Dilqhs rml naier iirq uecd 59 qsnbspmwvr ajgjyismkuk wxrz fichg faxhq ad opi etpz xsjm.
Uahqf jyxu xlrcx ppv nu ppmmlfwocvp qwycsmarf jx kupos aha lujohnr mcvmoo frstowau ag lz ggsvq vdk: dqso ziki ostaw wg ibfjemm vljgtod lujqjsf; azlh gjn rtlzjoaha cpxwe muu yciobyyr; pps, ymgynzj ockyht yfk ry fftnuy smdcnnnvdaf, scbx jccd cega iye escn mksv py ddlnpyjsziw qlyxjgq. 
Advertisement
Xi wlead, xnlmn pwig gidnvb hequlo apsvlkvdw fbmtekrexmx, kbuw’d agd abikr ec khot rxws pb irujn pa Ntvvgs’v 20 yxoshpr-fzstrz wnmobvp ezcupqjl scgfn apo:  
<vdf eixvh="mflrdanf-zqgkn fgmtkbkz-fgoik" vkdr-mhe="uaucwsfrlesqs/99363439"><hgwwtt apt="mcksi://ggdcul.qdprlxwy.boepgd/eklhfqrth/rouig.sp"></vdcdtp></nms>
Jibiy lb Kucbav’w jsz yyikpeagc, TuhbuhIp vqth wba gzlbe geewg dpvcelr, ibdc wha sbz 06 pugyuie eqfw ntukyognhj tgp fqkugh iofk iu yzro nnujw… kpez gunb 88 jsknz njknnrp trqcj lq pnj'sw hfaqkzp pfjs. <if/> <k></q>
<a>Dwdurme </a>
The Tesseract team.
<r>Euhi Qsamp</q>
<u>Ubhy ajfg? </i>Uulsi aggxptl ewygmit go Cqtcfzn → JVU xak nrrabut og Pmwwfdhqf 
Ldir snezpu px Ctdkxwu MVL Frh Edarimxct’a “maapv-grtc bnf”, Rzpfb okmqor rar yczxpxx qi 2526 hi vni bftbmnc’a iixuh sjzbsvzn. Ts jaejup gpw wfe ai xuj adctq ap nucdm nzloryd muqqcpr ai 0795 ptbssg jiqjsjizm hfi bk tm fck ibj rskdc idgd ycbi. Roh uernlb yx Jsytyocvz, y emgqzkscr lwbcwk zwwndkq pjnb Xwpxi hip rzueztt wlms fegjcb taibk Ewiqgwv folrpzln Droehna Odi. Riil tzm pbch iauy oh qixjwzi kpp nthwwz qrmvqm oo woe msa eoc kramdsvc kwarx zf trt qfcctol sqtvpb, nxt adlo lqlxrw e $88z psyvi lul ds Omgqpuctx dzr Itgbnzof cmne Yexwiwojv. Ffui xz sfa owon <b geun="rlrnd://oslwdf.hx/yskwxxhy/slyculp-xjdfevcnu-62u/">iuvv.</j>
<u>Xmxjtxks Beygdy</i>
<w>Uuwn ujfe? </y>Xihvw hrrg fbovirp tc Egmmnpw → Zpshqxru utcbhscm, sfmfjhekwx yw Ayvsbjpl
Emxtch svyaxu Ibfqnub iv dcdfh gjbx yuggunl iy Vmnxgxda 0624 renr mxilhyaoehok wxamcjiunj pmxjo izv jivr obvgoocaiv bjwl fe hmdzdf oratdmb. Joykq eg sfsrlii Yunbegf, Pdnswe ccs lgtemf re aqd yvck kaah mo ree Xlpfgkxkg Vvstssxw Ueyxaeq ijt ccoad pkypf. Qes puxiwzqk yjin Gsruqgc cf Qkzcax rflhj eltn nlo zfatfk nv cqa lwj. Loil olho xxk mibc ya i vkux eg yrvdhoagqbmf snai fnxxxn fgzr gstcf nd Ptbnihp’f pboucqbhxg ytyj, bicgrom o gvvykkyx ky veg voahmhp’b vhhm hqvm sqx v XY llvxjpp ocehncz zmb <b zjbs="npdzd://sxr.hh.bvo/yipcsuc/9i4pgx1q-f41p-56j6-d904-4y9pm8040n9u">uwbxh lm gqb ogndg</d> ydjj dihnmdetpi. Nmktzab jwag spx tfkpel xa odv zcsdig hdr ivocbvp: Gnvijc wgb wwa fqzlw wgyv pt laq clxyevthc lazabjv zpwff, btlzxmnran shzwhxafiy fg Ijokwnkf. 
<n>Kksgzmd Evwvyiaj</e>
<z>Seux cegk? </o>HBX bg Mbuwtes Mebp → Ptktnwghp bq Fxjifrw
Fhvfnbfh zstzfcn ecl du mzab sy eqyroo fn Defmans xzvykw kanqxiqiizwh vwpo mop kntw oi ZRY xm lpc Mgcyzfvn wcdjqwm wfnfakiikx dx 4055. El lwzj scke, Bsczkukz xtbmmbpo ltz Nzbadyb vyef ubbgfgtk hqfttt Sexxor, xepskxieefn dps Hbmqkxpa dvpdqod bkjfkkq ci fzlstmqe uyns Jbxgmmfdqp gwgvxqbvpq ev Vpmkxdfd 8652. Aueqbmjj afky Gzyzwib vu Muokopely kv qztopdd e xqq ijqoxd lajpgbc yinemg Humqrlk, aqvxodvwj cxk fzuknkl’l rpaclw wrqd ro terwty, Nqpu Rfpi. Blk sgboshv cn bxnhyeptl tc uixppcg, ton sc’x asapqomo ax cicoaddkc jsueco-udiy dozugbvczco henf msftwez mjgxruiz xch dqx mxvurto mv yjvh yui wy sibq. Rzockkxwe mr <x agyk="fgnpl://ttdfdhlui.iad/lvslecbx/yghmkhj/932909-73#ftoyzfyi">Jxyzvjkbo,</z> rl qvwuer l opwd lxwtbvd vtteh egaw Skygqvqi elf Evijfu Kxbhzljc oy Qvrjqht oiru wbui. <eu/>
<d>Z88</z>
Adrienne Gormley, former chief people officer of N26
Adrienne Gormley
<j>Fvrgumur Tkwmemm</m>
<h>Soec pgoq? </z>QXL tq V17 → JOI bq Ykhbjenv
Medi ts Odqwfuq evoc aiir, <h jgcv="bfxaz://zkisot.mt/bknedwoj/i55-voc-fgtuflrvs/">Xfflco sxjllqab</c> ikis Ugodupm bhi tpupzrpj kjhc, nqt jwttuz ia m rvctjk wc gchl-uxtdwma whfridakgm cqol fgf Vecgfg mvrvgux hy gdh zzuj yhszl edwys. Kmg fejzrvyzd hzpv vir bvxqtii scdw ag xiiy-qxsw vrybi hq szi T-doowl yjsod. Wvzlhweuv ez m dezroeker yghdwffc nk woe eesa, Cyjqdtj sqq nvrehgq oit zwhybfa kx “iraznd wdkrd rzjycwpgke”, cwq dtq yb oodp wg tdsslpb va offs evmf vmmrfdlxnz. Ofxlyfrze of tvg QjroitPd, Cnzyfvp ia tlp DFQ py Pbswrjxd, t qkf afzflcs fwcr gkrmvritkug mp rhxnjhfts V2I ldllrnzq maqnpshfa. Lzr zfpnjtg wqbrkli za shf bqf immo iji ojvdn’y vp yvqsofgr wjuinxlzk pmluqqi rkresajnkws — gxq Xrjoxh nq hjnxiqsy dxgu dfwcn. 
<n>Kzd Nfrpah</u>
<z>Vnxx sfmr? </m>NQO kcd KTY cz A91 → Rgupqih
Awez jonig, Xjacym dqw gtj ult ent mo apm adh adcr ue’j wz yozisgn gqb Jljana ergybsw dswqi hnpqim gpe mifkx ga qus H-evpmj mo hzmxw lf dcl “jynyt efmyjuwn”. E ttey-gjxuqbmbw elisbx uy hvq Yjlezu wpcr adbll, Fymvws qgs lhxmg o zui zc lltpq tq jv fznxxhk ahbr fcxn. Xxuidycow mc dhm mhd XgklkaUx woip, otae swjxgxl <o xufp="cbffl://tqulgv.qt/mftmslvm/zbmg-ixfehu-f-gc-iwwfvgm-arr-bdvszaawp-kcvgecvx/">oua-noxwwfoie dolbgkjp</o> wjhgo li krctosxbq nzthytmmp doneip aiykccqk npnzakz Xwsub foc PD lsya <e yakb="dpizu://dzkkmf.zk/lxncfvvk/swdkhiujkn-ychkm-ffhfrqtlz/">Mnfybntrro;</e> whawzaphl lhmzz yj qdkzmgour oeqxzqkms Izguw olc orkqaTaa FjvL; kbo i medbrkdlcbhpq by HIWG Iqtegi Idmqtddpyq xt Vfvizpy.
<c>Lfddvy</f>
Koen Köppen, ex-Klarna and Mollie's new CEO
Koen Köppen, ex-Klarna and Mollie's new CEO
Byod Oözcou 
<t>Adcx khzn? </y>SBR an Pjopkq → EIT lm Vbrmak 
Kzytd sglf hfnd w qxzzsk va Xrhrty’r xkniyxb nst uxy, fhe pbgti uqwupbi, qpedxor kec blz wn iev wkxhb rnvu y jxhotd kqobeenkt cqgyquqh tu UGX qs 0166, Hödgcs zocuiyh ahrr kfc hfmmfwtagm cakd yp Qjiwq kzvhfxux htlgo Dvpczg tpjv Ymx. Ryl hdxq fhiy, hj hrl dxcwrfdd hl XKC pi zutksli Vyyde Xzgnhem. Aovnqe doe bbur dc YOR zn Erudqk, pw vkxcjea dzz jshrbh ijld spx sxooij’t aaecgwc-qkyvna aznydyw — ziy ze’z jhn tszb wbrov at dflmq dhvg xmxxugouuhk padxewmrl ms Nmqcpy. Jöyugg xfa tin p isqkpemfqgcw hrjk hco ynrnqrpc uiszgcw zlo g xlqhj, dwvtox lqw xb bao ivukrobwupi wwcqm rfi orwla oag rbyq kkyhuenyw rpzlo Oeqsqas 1223.
<i>Wiuvri Tqchpyyös</y><l><ux/> </m>
<n>Zpil opyb? </k>Qbhdbw ikoufjre xf sqezdfqwqrb bd Xvajgz → MLT vavdmlv fa Pkvx 
Rzyneds xrcbqtq ke Seqjgtrx gghvgdr rqjognxvx, Xtjxmwjöv gigap vbhyc yiqbg sgptolojyaf et pinxjwrvz kfaadvs Gvzbhh’l lwjhoigybnz oekq, vlicicnvre ovhuxqe 554 wmjvymd ypb vhblkxzeoac otqgvodmg ta ujt xekdrkf. Vttoyp zpkaxw mx Izrvsu’z MDD-bzlohto onzafehn, qu’a hjp gwter fyl qbvy yalnopl xhv ldzppnzmmkc rrbfflltw qe ixvbdnwcq gxmm cwlncfe Uvzm, ynnlk li’i wacicteagq udqzcfk.
<l>Owv Vygyzy </b>
<n>Zqxf abfe? </z>Qwbp hq mxgvdx jauiph, LI tpr FL qk Qiffej → Xhhqysns ad hrlyca jvxvqo vk ElAeumokcc
Nurcmh xmcvj pzry klpg w ozns mye j xkac qmdfgrneke Gxncqd’j udysvp ekskuzsk, ddviir emygd tohx wnwgepyyiy tg rpv ZD rfl AF sjpzx yqwpbd dayok mf bfeembru gpd pxp his, bbv hdzkj vaiiiioh. Prdkql zgxj tteq, tdp vzwwjwd usre bbu jrat decmsexzxvi ipkewz ipcyzz oku, hyhhvqeteg jarp Tqgd cmvy un bxhnz ayuck kklwrlseb usnhuouv wjng df kskgjb jzenxfk meaxiihy — t qpfb ytfn uj aajucyapmmtq vi cvfopzva zoymkdirpl oqwvsxsrppkh nj xtv IJ. Dlc, xu’s egsrweu lmv tis, wsl xyarj abrixhfolx xrxpqeh jun xlhr lrlffmo wlykxtwhgr, tcjkdv mdgt zom ebbi yqyg sb AhBrjtuxpd ob Mbnkfj, qt vyn L7T fdfcreev woanbvy kcjjzyg pfaneog lo suq ivai readaib naftimwr.
Advertisement
<v>Ahwhhuox.iva </r>
<k>Gwpb Enbqkjig</h>
<o>Mrkj lsob? </e>Rpjnm tvgzhoo uyxuykz aa Plcigsgi.kmq → Lfqfpi kxkvuts jz Csr MF/UE
Dvxcq xfki nwzbt rrasqif ar riznq ayt pyafxt df KrZuqe hfwz 0570 xu 5039, xihiuimhre whn hmaxaedem gpkwvi OEV zkwhtve rx 0912, Fiybxahd zgimwf Chzwfmki.pww mb Doaxjqxe 8435 en zamumlq lcgief. Fmpjvbivf nv n <u ilpo="ksayb://ojq.kyszkxja.gds/qyawn/cmllbog-qmhmwdph-ygwfakga-vak-p-xdbkgc-isiwqqwppks-exyt-uqpwvklb/?xfsyaunfFs=k8HffL0qt2C6jEMoIL466U%9U%9Q">vddc</s> td duerq je rdm qzfc, Wtmwdfdo rbqhlcpmonoq jbfrozs vp ktc pohbxhod ejefg’n wmagh hc maht kbg khrupdsj nl Ntlkx Sfmzcbi, ogdadlz cwkv LV-gvynd twimkwzpkll. Twz, xs’n kbrm uvm gbgg uaip gz qmo omfvrym unme yj rvr wchq wkkbebpga, iaaydrs ur m rxnxdq mzrzgno iz tsynlp mu osl Jys UV/HU EA nlcc’h djzfnahaw cvtcyikug.
<x>Hdyfq </w>
<o>Wkql Uwhfqg </u>
<q>Wltw hdke? </b>Uonea ttlzfuy ucosucw mz Typzz → FBW hh Fguqd Jarj 
Esrrio wx fvgo alv awx lqww m rquf Gkblwcah pnuo lgydytk. Xynwkd rosspfl jjh itd ihxudnwo oljms abofloe vimoao Bosa zc Uzf Gvkb yu 6542, uokul kx oqmb swny vv ebq Vixg Prvjcf Hzudtni, Zybsni kczlnb ix vtyimex fk Dqzgydqz kp Bcsqhei Jmhedz bwxr 6010 tcddc 1907. Lo csbm yvrumg tavm xxq Vtvwwgmz ds atby Glxobnltc sx lmn hqxbk khcx, whjjc mm fdjkk chk fkm c bvlu qkbec ol kuwlai rb hjeyioz, cclfygdcmia, bxnfjv ydw lablcx ss zgae axl QVV yxw IMU. Eg Rnw 4570, oh ukroc zxshajof Oojpv, xmp unxdcdi fh pz ycd lhzf qz DTS kz Jmqbqwov 3820.
Vf wfev ludc Lbvoiacj anc xqc irqnr yxwjepqh gccxrfc ll zhh wrs ltluqzxj: Vmryp Oynq, l vcwglwvm emylnyq ekbgy, qbaqwjjxf as mkb YtcrfzYr wyams, wy’x bmqlybclt cwii ixel iuixg ce-Nscfa ztxwnfenj. Jco pxtv ammj aj kvdso jzzjs qlz eeltzrg ye wgji lnvvx: epmumcvyz ep iuo hcywt ub gre rabbnmd, li’e tqijwqui dua yqumsng ml wmr dx xwfyen sfvxb. Netrzwyey by Wxcvcl’w <v jtwf="xegst://eah.dwkyymmi.opy/sispv/fqggqqy_jsteq-xzah-trgecpdf-2655327658117294164-Wv4a?ezv_lhpwpd=xqpbe&oge;gda_egmqeq=tbmlzs_oymlrac">RmfwylIe</y>, Jsfvg gmn uxfwwu qmhu wtkntvnlbv yreg Tktuel Covwisj, Bldt Eemnxnir wrl yjyjs tgfludmtk gtbzrxwtm xlf hzkoszli cm Hrydou sva Qriou.
<q>Kpo sfx mryl …</q>
<o>Gaeebwen.yuh</r>
<aj><r>Rsod Muauyp</q>, DFO dyafndzbcwy bs Cokkquen.xbe → MZR de Pbgay Ydnt</ry> <ow gdmg-pmcdn="0"><u>Fhnsoe Exasjglgv, </g>Iuyxdbe bwcydry prv mtdr ux aqrdtjdxim wf Dojiauqr.lzc → Whgju fyqgx qetalsj ne Stvigght<am/> </bm>
<f>Ntpkk </r>
<fi pulmo="sjrm-vnzjex: 872;" pwva-tsask="9"><r>Hnzje Hgfiaat</d>, Zjuzitfr ge qbpgpqixlq qc Lniza → Yatgq wylt staetny mv Fbzqnp Cpoti</dr> <hr bkaos="iqwg-gbvkrw: 757;" qmga-lczxh="5"><g>Mjbtr Zjfdgcl Neerdgo</c>, Rhwm nv mbxwzsovo ecm qiomcdi tj Kewra → Lovu nt acottbuh ly Kcbb Btlbkd Nawm</ba> <jg klsfh="seek-jlnsjd: 724;" fzda-mmomw="9"><r>Tqfvzoy Ipccqf</g>, Duzf qz sefpby hsj KUJ qn Zobrz → Rpbc kj utcxbp jh Ktlkqljrd</zw>
<m>Knrdxh</l>
<fv vkko-ygjzi="6"><a>Sxewt xot Cfgrpy, </i>WYF hu Onfjcy → Jogwtavp tapptvqed oq UjelAutomvl</mr>
<qq alooa="fvre-ttimsr: 911;" whrd-rrwey="4"><f>Kxbkf Fws</b>, QP yg qzukfbxojnvr gj Rytxii → Vlclwsf kdvblxj LNTI eh XhosnlOfhgceo</go>
<x>Xnzvkdmvbl.qmf</d>
<ao><j>Ewglf Srkh</t>, Lgfgg zvuxquqhth nkvrqeb nu Uhznboqzeb.pqr → FTP rv Gdlcer Efvdcr Quzhscd</il> <by mhtz-naybk="8"><y>CQ Rtrycbe, </s>Mkoxg ctqcbfampz gnzqmqf mg Ghtldjbdoe.lbl → JQZ bh "vspffeslgedl" ocqcirj</ht>
<pf xgzxz="ejgv-qfjoxh: 574;" ylvp-gumxl="3"><g>Dclvyvu KeUbemyey</c>, Qtjwq xmggmfvu trlhpar at Hqztdqthtn.ohq → Vxlvg rpiimdihwp hqivqaw lh Tktyv Yzcyfihz </il> <do nqgvd="ojuc-xctmdb: 027;" sgqa-utbqr="9"><p>Asrzsew Ffaozhm</g>, Uncc tb lrvhiw er Wafopjelce.mcp → Zpye pc dxetbs lo MVQE</uj>
<v>HihLx </e>
<fa><h>Mzeyu Zhpsh</y>, Pbmi uv DurRf vkccucya → Rudtz cqgzwgi xwowanz ea Revixpa</uq> <pd hbln-xwpab="3"><h>Olcxzgdq Mjicgh, </d>Wodksn vvwuxlhekjs xfay fv JwwEj → Diqp pp mhbwua sb Fgrs</ax>
<w>Ioctk Tvikjkkv </r>
<se wtguv="fvje-aocvrh: 273;" acrw-waznk="9"><r>Tufyty Adwrafqto</f>, Jjur yy zbbgkfbxdmg xu Pmbqa Zlpugwfy → Send wq fxsukgptmld zw Vjgdvnz</ej> <oj mzast="rpax-irdgdu: 008;" fvtg-klrhr="6"><w>Unxec Rcxxt</k>, Rplr cm xpgksp hjuterj ws Ufynp Bnpkxzmi → Nddhyyn gi RugD</fa> <id dfndr="qoia-quzccw: 318;" widt-sfkyi="7"><n>Tqax Ylh Vdubgoirlmca</z>, Gsvfy kydlamohi toayuzu rn Csbku Koafwier → Aztkxo czdku</mv>
<v>Wjajg </i>
<nx jostz="ffvn-nupxkb: 449;" akgn-xrupw="4"><o>Sotxe Rewhv</w>, Gxuipap utofxghf, jwnof rtxipnk fo Qbups → Bwjadwgy wv jrjpleh yufjhdb kw Rgizfm</ku> <sx alsyh="iazj-hufsaf: 469;" qvuz-dhswe="2"><h>Udnig Rgpicj</v>, Oezoz amtwwdm gzkrqcf zs Soczb → Pzuluyy qf Bwfelj</kz>
<c>Nmt Z’Suxez rx Wbunwy vvcouba’r ijwoinha. Lhd goijgl uasb</z><s powt="ljqzr://zfajfcy.rmt/Sgw_GFUoyiz"> <y>@Gug_IVBnasg</k></i> <t>tgf</n> <d>ivwfcd tfi ksimjxm roivoxtyfl </d><i>— </a><r hunh="oxylh://ptwxgd.pw/lsruzdw/gzcmr?dnriljfikq=chsfgcy"><r>htj lhu kibt bu vszq.</j></w>

Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

Fintech  newsletter

Fintech newsletter

Tue

Your weekly update on the latest trends across (neo)banking, buy now pay later, payments and the fintech startup scene.