Tech

The amount will dismiss 18% of the staff

According to TechCrunch, digital banking technology provider Amount is the latest fintech to reduce employees and reduce headcount by 18%.

Amount provides retail banking and point-of-sale technology to clients such as Banco Popular, HSBC, Regions Bank and TD Bank to help them move to digital financial services.

Last year, after raising $ 100 million in Series D funding, he gained unicorn status. Some of them have been assigned to accelerate adoption in the company’s products, technologies and sales groups. At that time, the company employed about 400 people.

In a statement TechCrunch, CEO Adam Hughes said: “Due to the current macroeconomic environment, we have decided to make aggressive adjustments to ensure Amount’s prosperity over the next few years.”

The amount will dismiss 18% of the staff

Source link The amount will dismiss 18% of the staff

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