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Listed crypto platform Banxa is the latest tech startup to dump staff

Startup Daily LogoStartup Daily1 mo ago

Listed crypto platform Banxa is the latest tech startup to dump staff

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Melbourne cryptocurrency startup Banxa is shedding 40% of its staff amid the current digital assets crash and a plunging share price.

The fintech, founded in 2014 and listed in Canada on the Toronto Stock Exchange’s Venture Exchange in January 2021 (TSXV:BNXA).

Banxa claims to be “one of the fastest growing fiat (cash) to Web3 solutions...


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Article Details

Author / Journalist: Simon Thomsen

Category: Startups

Topics: Jobs Cryptocurrency Cryptocurrency Redundancies

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 10:38:42

News Timezone: GMT +10:00

News Source URL: startupdaily.net

Language: English

Reading Time: 3 minutes read

Article Length: 372 words

Coverage Area: Australia

Availability: Desktop Web, Mobile Web

News ID: 16237

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About Startup Daily

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Main Topics: Startups

Official Website: startupdaily.net

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Australia

News Last Updated: 14h ago

Coverage Areas: Australia

Ownership: Independent Company

Publication Timezone: GMT +10:00

News Language: English

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Publisher ID: #23

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