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F
Industry · 371 companies tracked

Fintech layoffs, tracked globally.

The Fintech industry has cut 12,797 jobs across 19 tracked rounds since January 2020. The last 12 months alone saw 12,797 layoffs, up 728% from the prior year.

Last updated
Industry snapshot
13K
people laid off since Jan 2020
Companies tracked
371
active + historical
Rounds
19
total events
Biggest cut
9,428
PayPal
Most active
US
334% of cuts
Total since 2020
All time
13K
Across 19 rounds#3 industry
Last 12 months
Recent
13K
↑ 728% YoY
Active companies
Tracked
371
With 1+ round
Global rank
vs industries
#3
of 64 industries8% of all cuts
All companies · ranked by total layoffs

Every Fintech company we track.

Rank
Company
Rounds
Total cut
#01
PA
PayPal
5
9,428
#02
BL
Block
SF BAY AREA · US
4
5,931
#03
IN
Intuit
3
5,515
#04
PA
Paytm
NOIDA · IN
3
5,000
#05
TO
Toast
BOSTON · US
2
1,850
#06
ST
Stone
SAO PAULO · BR
2
1,700
#07
PA
PaisaBazaar
GURUGRAM · IN
1
1,500
#08
ST
Stripe
SF BAY AREA · US
4
1,350
#09
RO
Robinhood
SF BAY AREA · US
4
1,203
#10
CA
Capital One
WASHINGTON D.C. · US
1
1,100
#11
DO
Doma
SF BAY AREA · US
3
1,075
#12
BL
Blend
SF BAY AREA · US
5
1,010
#13
FN
FNZ
LONDON · GB
1
1,000
#14
LE
Lending Club
SF BAY AREA · US
3
857
#15
KL
Klarna
STOCKHOLM · SE
2
800
#16
XE
Xero
WELLINGTON · NZ
1
800
#17
SA
Sapiens
TEL AVIV · IL
1
700
#18
ZE
Zepz
LONDON · GB
3
650
#19
AF
Affirm
PITTSBURGH · US
3
560
#20
UP
Upstart
SF BAY AREA · US
2
505
View all 371companies →
Geography · where fintech layoffs happened

Top countries and cities.

Top countries
#01
United States
197 COMPANIES · 296 ROUNDS
42,777
#02
India
32 COMPANIES · 42 ROUNDS
9,336
#03
Brazil
21 COMPANIES · 29 ROUNDS
4,251
#04
United Kingdom
25 COMPANIES · 33 ROUNDS
2,735
#05
Israel
15 COMPANIES · 23 ROUNDS
1,787
Top cities
#01
SF Bay Area
79 COMPANIES · US
28,646
#02
New York City
39 COMPANIES · US
5,850
#03
Noida
2 COMPANIES · IN
4,600
#04
Sao Paulo
18 COMPANIES · BR
3,799
#05
London
24 COMPANIES · GB
2,735
Companies in Fintech

Most impacted companies.

View all →
P
PayPal
9,428
Total cuts tracked
Rounds5
Latest2026-05
B
US
Block
SF Bay Area
5,931
Total cuts tracked
Rounds4
Latest2026-02
I
Intuit
5,515
Total cuts tracked
Rounds3
Latest2026-05
P
IN
Paytm
Noida
5,000
Total cuts tracked
Rounds3
Latest2024-06
Continue reading

Other industries tracked.

View all →
AdTech
AdTech layoffs
TRACKING →
Aerospace
Aerospace layoffs
1 ROUNDS · 60 CUT →
AI / ML
AI layoffs
3 ROUNDS · 330 CUT →
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