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Fintech Unicorn Zepz Eyes Expansion via Mergers and Acquisitions

Zepz CEO revealed that the company is preparing to introduce its first digital wallet, with a focus on meeting the requirements of migrant communities that frequently send money home. In the fast-paced world of financial technology, staying ahead of the competition often necessitates bold and clever initiatives. with Zepz targeting expansion through Mergers and Acquisitions (M&A). The CEO of Zepz, Mark Lenhard, recently shared this exciting development in an interview with CNBC. While...

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Fintech Group Zepz Lays Off 420 Employees to Restructure Its Business

Zepz, however, noted that it is hiring more than 200 new roles including software developers, managerial positions and marketing roles, among many others. In a bid to streamline its business structure for future growth prospects, Zepz,  a London-headquartered money transfer platform, has announced the reduction of its workforce by about 26 percent. In a report by CNBC, it is said that Zepz has sent home 420 of its employees but not due to macroeconomic pressure. As a result, Zepz has been...

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