FinTech company Dozens is set to shift its model away from the consumer-facing business.
In Brief:
Dozens offers accounts with saving and investing tools.
The business will close its customer accounts and shut down its app by the end of this month.
It will shift its focus to B2B.
What does this mean?
The shift away from the Dozens app will mean its parent company, Project Imagine, will pivot toward a B2B model, with the business saying that since the world has changed so much in the past few years its needs to “adapt accordingly”.
