BNPL According to three sources aware of the details, buy-now-pay-later fintech Simpl is among the several startups that conducted significant layoffs to cut costs and extend their runway.
Simpl’s co-founder and chief executive officer Nitya Sharma did a virtual town hall and informed employees that the move is in line to extend the runway, added sources. “Simpl has let go over 150-200 employees in the exercise,” said another source who also wished not to be named.
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