Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

More crypto-related layoffs as London-based open banking startup TrueLayer - which recently raised $130M at a $1B+ valuation – announces a 10% staffing cut. Reporting by oknightcrypto

The company informed its staff of the news in an all-hands meeting on Thursday before announcing it to the public in aTrueLayer is a business designed to bridge the gap between fiat currencies and crypto by providing infrastructure to firms like Revolut, which offers banking services, and MoonPay, a platform that allows users to buy and sell cryptocurrencies.led by Tiger Global and Stripe at a valuation of over $1 billion.

"You may understandably ask what has changed in the past 12 months," TrueLayer CEO Francesco Simoneschi said in the blog post."We are now operating in a very different context and more challenging market conditions. TrueLayer, while being in a position of strength, is not immune to these broader factors."

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 291. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

TrueLayer OKnightCrypto TL are not a crypto play.

TrueLayer OKnightCrypto $BIT 👀

TrueLayer OKnightCrypto It is sad but 10% should be manageable while they can invest in RigelNfts . Well Rigel protocol promises refund mechanism to investors if the price drops 40% from the IDO price within 4 months of projects launched on the projects launchpad platform. DeFi

TrueLayer OKnightCrypto Xrp

TrueLayer OKnightCrypto sad but 10% should be manageable and ived seen an enterprise company dropped to 50% for the anticipation of a bad recession

TrueLayer OKnightCrypto the recession is here

TrueLayer OKnightCrypto 🚀 Thnks a millon.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

XRP Is Plunging Below Crucial Support Level, But There's Hope: Crypto Market Review, September 15Worrisome market conditions cause too much pressure on altcoins despite successful Ethereum Merge Excellent. Buy opportunity
Sumber: Utoday_en - 🏆 295. / 63 Baca lebih lajut »