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Even well-funded fintech companies are laying off workers

TechCrunch

Schulman added: “Over the past year, we made significant progress in strengthening and reshaping our company to address the challenging macro-economic environment…While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do.

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OkHi gets $1.5M seed extension to scale its smart address verification service across Africa

TechCrunch

But the challenge of address verification has a broader impact on the socio-economic environment. Timbo Drayson founded the company in 2014. Customers use inefficient processes like utility bills or send physical agents to the address, both lengthy and costly procedures. million seed extension to scale its efforts.

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Leapfin pulls together financial info across data siloes to simplify reporting

TechCrunch

A year after he left Zynga in 2014, he launched Leapfin to help solve this problem. He believes that a product like this can thrive even in a down economic environment. “We We are a bit fortunate that we haven’t been impacted by this recession and inflationary environment.