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Cash-strapped neobank Fi Money is shutting some consumer products and cutting roles as it pivots from a B2C neobanking model to building AI-led enterprise and startup tech solutions
Fi’s core lending business failed to scale, with weak monetisation across non-lending products, high burn, and stalled growth despite over 3 Mn users
After raising $137 Mn, Fi has not raised fresh capital lately
Neobank Fi Money is restructuring its business and moving away from some of…
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Cash-strapped neobank Fi Money is shutting some consumer products and cutting roles as it pivots from a B2C neobanking model to building AI-led enterprise and startup tech solutions
Fi’s core lending business failed to scale, with weak monetisation across non-lending products, high burn, and stalled growth despite over 3 Mn users
After raising $137 Mn, Fi has not raised fresh capital lately
Neobank Fi Money is restructuring its business and moving away from some of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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