Juni: Swedish fintech Juni lays off a third of its staff just months after raising 198M: Here's why

Gothenburg, Sweden-based Juni, a fintech firm that develops a banking app and platform for e-commerce and online marketing entrepreneurs, announced on Thursday that it is laying off one-third of its workforce across the business. The announcement comes five months after raising $206M (approximately €198M) in Series B and venture debt funding in June to build [...]