Fintech startup Parker files for bankruptcy

Fintech startup Parker files for bankruptcy

Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.

BLK ALERTS - Fintech startup Parker files for bankruptcy

Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.

Parker Fintech Startup Files Chapter 11 Bankruptcy After $180M Raise

Parker, the fintech company once celebrated for its innovative approach to small business lending and cash flow management, has filed for Chapter 11 bankruptcy protection according to a report published by TechCrunch. The announcement marks a stark reversal for a firm that raised more than $180 million from prominent investors including Sequoia Capital and Andreessen Horowitz just three years ago. Court documents filed in the Delaware bankruptcy…

Parker Bankruptcy: E‑commerce Credit Card Startup Shuts Down After $200M Funding - Media Talk Africa

Parker, a startup that provided corporate credit cards and banking services to e‑commerce businesses, has filed for Chapter 7 bankruptcy and […]