Singapore-headquartered financial services and data platform GoBear announced today (Jan 5) that it will be ceasing operations and will begin an “orderly closure of the business”. The firm cited the failure to raise additional funds from existing or new investors as the primary reason for closure. It added that the …
Read More »S’pore-Based Fintech Startup GoBear Lays Off 22 Staff Despite Recent US$17M Funding
Singapore-based fintech startup GoBear announced yesterday (1 September) that it would be retrenching 22 employees due to the Covid-19 pandemic. This makes up 11 per cent of GoBear’s total workforce of 200 employees. The affected employees are from GoBear’s operations, product and technology teams. Out of the 22 employees, six …
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