Payroll and benefits FinTech Catch closes down

Date:

Share post:

Personal payroll and benefits FinTech Catch is shutting down after acknowledging that it cannot topple a “trillion-dollar ecosystem.”

The Catch platform enables independent contractors and other self-employed people to divide their income amongst savings, insurance, taxes, and other expenses. It has raised about USD 18 million in funding over the last six years and obtained insurance licenses in 47 states and the District of Columbia.

The business has since announced that it is closing its doors, citing the “current market conditions”.

Read More: Payroll and benefits fintech Catch shuts down

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Why is Sustainable FinTech Critical Today

FinTech offers robust convenience and security for financial transactions. But now, many customers are more keen on the...

Inswitch Partners with n1co Technologies To Improve Financial Inclusion In El Salvador

Inswitch, a global company in embedded finance technology, has partnered with n1co Technologies, a fintech company from El...

Billtrust Expands Partnership With Visa To Support Business Payments Network

Billtrust, a company in helping businesses manage orders and payments, has expanded its partnership with Visa. Together, they...

Open Payment Technologies Ltd Launches New Digital Wallet App “Kuady”

Open Payment Technologies Ltd is announcing the launch of its digital wallet app "Kuady". Kuady is designed to...