Spend management space sees a large raise, and layoffs, in the same week

Spend management space sees a large raise, and layoffs, in the same week

a year ago
Anonymous $QMjB47b2Hv

https://techcrunch.com/2023/04/30/spend-management-space-sees-a-large-raise-and-layoffs-in-the-same-week/

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there and it’s our job to stay on top of it — and make sense of it — so you can stay in the know. 

About a year ago, it seemed like myself and other colleagues were writing story after story about spend management companies raising tranches of venture capital — remember Mary Ann’s roundup story from basically this same time last year?