Money Transfer Service Zepz To Lay Off 420 Employees
Zepz and Sendwave are being used by more than 11 million users across 150 countries.
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Zepz and Sendwave are being used by more than 11 million users across 150 countries.
Zepz is letting more than 400 employees go as the fintech industry slumps deeper into the wider tech downturn that hit the wider tech industry last year.
New Delhi, May 17: Fintech unicorn Zepz is laying off 420 employees, or 26 per cent of its workforce, and has started informing those impacted, the media reported.
Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.
Fintech group Zepz, which owns money transfer brands WorldRemit and Sendwave, is laying off 420 employees, the company told CNBC exclusively.