Fintech startup Fi is undertaking a major restructuring exercise that will include staff layoffs and the sunsetting of several consumer-facing products, as it pivots its core business model from B2C neo-banking to B2B technology services.
In a LinkedIn post, cofounder Sujith Narayanan said the company’s senior leadership went through a period of “honest reflection” to mobilise the firm’s resources in a different direction. This will mark a departure from Fi’s original mission of providing a “thoughtful and human” digital banking experience for…
