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Ashton Kutcher-Backed FinTech Cannot Pay Workers, CEO Says

Sunday, Oct 13 2019

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Written by FinTech News Brief Staff

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Neighborly, a fintech backed by actor Ashton Kutcher, will not be able to make payroll. So reports Yahoo Finance.

CEO Jase Wilson informed employees in a memo that the company will not be able to pay them and they should cease working. The company has halted payroll to reorganize, but is not expecting to permanently shut its doors. Wilson did not comment on the possibility of bankruptcy.

Click here to read the full article from Yahoo Finance.

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