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Birmingham Post

Technology

Jon Robinson

Risk of redundancies and pay delayed at fintech OpenMoney as takeover deal agreed

fintech BusinessLive Patrick Leahy

Jobs have been put at risk at OpenMoney after a takeover deal was agreed, BusinessLive can reveal.

The Manchester fintech is undergoing what has been described as an 'essential restructuring' with employees at its headquarters and on the operational side of the business most affected.

BusinessLive understands that the company has been sold to entrepreneurs Will Mallard and Patrick Leahy.

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