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According to TheBlock, Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region.<br />Lemon Cash also revealed today that it closed a $27.8 million extension of its Series A funding round this year, bringing the total size of the round to $44 million. Firms including DST Global, Valor Capital, GoodWater Capital, CMT Digital and Cadenza participated. The company now has runway for three years, Cavazzoli said.

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【Lemon Cash CEO expects more fintech layoffs in LatAm amid its own】According to TheBlock, Argentina-based crypto app Lemon Cash has laid off about 100 people, 38% of staff, marking the latest round of cuts in the region.
Lemon Cash also revealed today that it closed a $27.8 million extension of its Series A funding round this year, bringing the total size of the round to $44 million. Firms including DST Global, Valor Capital, GoodWater Capital, CMT Digital and Cadenza participated. The company now has runway for three years, Cavazzoli said.

Lemon Cash CEO expects more fintech layoffs in LatAm amid its own

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