Exclusive: BNPL startup Simpl lays off over 150 employees

  • Buy-now-pay-later (BNPL) fintech Simpl has conducted significant layoffs in order to cut costs and extend the runway.
  • Over 150 employees have been laid off, representing 25% of the workforce.
  • Impacted employees received a random email from the management.
  • This news has been confirmed by three sources.


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