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BaFin-Licensed FinTech Moss Lays Off 70 Employees And Implements Hiring Freeze!

Corporate credit card provider and licensed e-Money Institution Moss is laying off about 70 employees, representing 15% of its workforce. Founder Ante Spittler confirmed this when asked, saying the employees would be offered severance compensation that "deliberately exceeds the legal minimum."

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Indian FinTech SIGNZY Secured A $26 Million Funding!

The Bengaluru-based digital banking infrastructure company Signzy (website) announced that it had received INR 210 million ($26 million) in its latest round of funding from Gaja Capital and its existing investors Vertex Ventures and Arkam Ventures.

FinTech Ledgy Receives $22 Million In A Series B Round!

Ledgy wants to take the headache out of equity management for startups. Ledgy aims to help start-up entrepreneurs with their services. It just closed a $22 million Series B funding round. While CEO and co-founder Yoko Spirig declined to share the fintech startup's new valuation after the round, he said Ledgy achieved a "significantly higher" valuation than in our Series A last year.

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BaFin-Licensed FinTech Moss Lays Off 70 Employees And Implements Hiring Freeze!

Corporate credit card provider and licensed e-Money Institution Moss is laying off about 70 employees, representing 15% of its workforce. Founder Ante Spittler confirmed this when asked, saying the employees would be offered severance compensation that "deliberately exceeds the legal minimum."

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Cyprus-Based High-Risk Payment Processor LegionPay Listed On PayRate42

The online rating agency PayRate42 reviewed the Cyprus-based high-risk payment processor LegionPay and included it in its Green Compliance list. LegionPay offers its clients the ability to receive digital payments from all over the world via fully integrated API solutions for card processing, bitcoin deposits, and other payment options.
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