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686. News: Atom Bank pushes back IPO and Shopify breaks Black Friday records

Fintech Insider Podcast by 11:FS

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The PIPES Founding Team Is Stepping Down as the Hunt for a Veteran CEO Begins

Miami-based PIPE says it is on the hunt for a veteran CEO. Harry Hurst, who has been the face of the company since 2019 inception, transitions from his role as co-chief executive to vice chairman. Fellow founder and other co-CEO Josh Mangal will temporarily assume the role of chief executive while they search for new leadership with the help of recruitment firm. In May of 2021, the company has raised $250 million at a $2 billion valuation in a round at Hurst described as massively oversubscribed.

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