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Renewables fintech Brighte powers down, shedding 15% of its team

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Renewables fintech Brighte powers down, shedding 15% of its team

Quick Summary

Sydney fintech Brighte, which has been riding the wave of home solar funding, has cut its workforce by around 15%, laying off more than 30 staff.

The move comes as homeowner interest in solar panels jumps in response to skyrocketing energy prices.

Despite being backed by heavy-hitting investors, including the family VC firms of Atlassian...


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Article Details

Author / Journalist: Simon Thomsen

Category: Startups

Topics: Fintech Brighte

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-20, 06:28:08

News Timezone: GMT +10:00

News Source URL: startupdaily.net

Language: English

Reading Time: 2 minutes read

Article Length: 358 words

Coverage Area: Australia

Availability: Desktop Web, Mobile Web

News ID: 1619

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Official Website: startupdaily.net

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Australia

News Last Updated: 1d ago

Coverage Areas: Australia

Ownership: Independent Company

Publication Timezone: GMT +10:00

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