The digital payment platform Checkout.com will lay off 5%, about 100 people

Chain Catcher news, digital payment platform Checkout.com announced it will cut about 5% of its workforce, laying off approximately 100 employees. A spokesperson for Checkout.com stated that the layoffs will allow the company to focus on strategic priorities. It is reported that the company's valuation was $40 billion in January, and it previously launched a cryptocurrency payment technology using Fireblocks to provide merchants with instant conversion of customer payments from fiat to stablecoin. (Bloomberg)