https://layoffcheck.com/companies/mybambu Layoff and WARN notices reported for MyBambu. en-us https://layoffcheck.com/companies/mybambu#2025-11 https://layoffcheck.com/companies/mybambu#2025-11-213 Wed, 05 Nov 2025 12:00:00 GMT West Palm Beach fintech startup MyBambu shut down entirely in November 2025, filing a WARN Act notice with the Florida Department of Commerce covering 141 employees. The first wave of 100 workers was let go on October 31, with 41 more to follow by December 31. CEO Douglas P. Quay cited "the sudden loss of MyBambu's primary and historical source of funding" as the cause, saying emergency fundraising efforts could not sustain operations. The company, which provided digital financial services to underserved communities, had no severance plan disclosed in the filing. Affected departments included customer care, compliance, marketing, technology, account opening, and human resources. The office was set to close by the end of 2025.