Fintechs Pleo, Chime and Chargebee cut jobs as economic uncertainty bites
The three firms join an ever-increasing list of fintechs hit by the current economic volatility and uncertainty.
The three firms join an ever-increasing list of fintechs hit by the current economic volatility and uncertainty.
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The San Francisco-based firm has now raised over $2 billion in total funding.
“We are currently experiencing intermittent outages,” Chime said.
The new valuation would pit Chime ahead of Brazilian neobank Nubank.
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The challenger is now valued at $1.5 billion.
It also reached over one million bank accounts this month.
Digital banking technology company Q2 Holdings Inc. took the Finovate stage to demo its CardSwap technology.