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HomeStartup LayoffsJune 2022 › Volt Bank

Volt Bank layoffs — June 29, 2022

Volt Bank, a finance company based in Australia, announced a round of layoffs on June 29, 2022. At the time, the company was at the Series E stage. The layoff was reported by this source.

Company
Volt Bank
Employees laid off
Not disclosed
Date
June 29, 2022
Industry
Finance
Country
Australia
Company stage
Series E
Total raised (pre-layoff)
$90M

Source: https://www.smh.com.au/business/banking-and-finance/neobank-volt-to-shut-down-return-deposits-to-customers-after-funding-struggles-20220629-p5axl1.html

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