Fintech startup Level abruptly shuts down after burning through $27M

My company moved away from Level last year, but for the year we used the product, it was nothing but issues with approvals for purchases.

The Information coverage: https://www.theinformation.com/articles/fintech-startup-leve... (paywall)

Crunchbase: https://www.crunchbase.com/organization/level-0ef1

i always wonder where all the money goes with these startups....