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layoffs

Peer to Peer Lending
·Aug. 18, 2016

A Bad Quarter for Prosper and Avant Parts Ways With 30% of its Workforce

Two of the leading marketplace lending platforms reported some more bad news this week as the industry continues to struggle...
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FintechUSA
·Jun. 15, 2020

Synapse Lays Off Half of its Full-Time Staff

According to Business Insider, fintech startup Synapse is laying off as many as 63 people or more than half of...
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Peer to Peer Lending
·Apr. 21, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Back in October last year LendingClub executives ran an exercise where they had to game plan how the company would...
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FintechNews RoundupUSA
·Apr. 22, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Yesterday, LendingClub shared that they were laying off 460 people, accounting for 30% of their workforce; the cuts were across...
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A gold Bitcoin placed in snow on concrete. Isolated scene of cryptocurrency in snow
LatAm
·Jun. 29, 2022

LatAm joins wave of dismissals in crypto industry, cross-border expansions on hold

The recent weeks have seen a sharp drop in price across various cryptocurrencies leading to a wave of dismissals across the industry.
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Fintech
·Feb. 3, 2023

Nubank shutters investment area as LatAm fintechs join global tech layoff wave

Nubank announced it was no longer serving its clients with investment advisory, cutting its headcount by 40.
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FintechUSA
·Jun. 5, 2020

Revolut Reducing Staff Numbers Further Amid the Crisis

The digital banking space in Europe continues to suffer in the crisis with AltFi reporting that Revolut is looking to...
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EuropeFintechUSA
·Jul. 8, 2020

Funding Circle Releases an Update on UK and US Business

Funding Circle released a trading update today that provides some insight into how they are doing in the UK and...
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Peer to Peer Lending
·May. 3, 2016

Prosper Lays Off 28% of its Workforce and Closes Salt Lake City Office

May 3 will go down as a dark day in the history of this industry. First, we had OnDeck’s stock...
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EuropeFintech
·Jun. 4, 2020

Monzo Lays Off An Additional 120 Staff

UK digital bank Monzo is reportedly laying off 120 staff due to the challenges of the current economic situation; this...
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