Tuesday, 10 October, 2023

Consumer Payments Startup Braid Closes Due to Software Challenges

Consumer payments startup Braid has shut down operations, citing difficulties in leveraging third-party software as a key factor. Despite early promise, the company faced challenges in integrating with external software solutions, impacting its ability to deliver a seamless payment experience. The closure highlights the competitive nature of the fintech industry and the importance of robust software infrastructure in the sector.