FTX-backed Chipper Cash slashes workforce
Chipper Cash, a cross-border payment venture focused on Africa, has dismissed several employees merely a year after securing $150 million in funding.
Erin Fusaro, Chipper Cash’s Vice President of Engineering, verified the news in a LinkedIn update that Nairametrics discovered. The company has not officially acknowledged the layoffs.
As the repercussions of the economic slump grow, Chipper Cash, which is supported by the troubled cryptocurrency exchange FTX, finds itself among the increasing number of startups that have streamlined their workforce.
While it’s conceivable that Chipper Cash’s job cuts are connected to their alliance with FTX, tech companies globally have recently faced significant challenges due to the worldwide economic downturn, prompting even the largest tech co...




















