@Tradeshift, a late-stage fintech startup that has raised over $1 billion in #venture and #debt,

@Tradeshift, a late-stage fintech startup that has raised over $1 billion in #venture and #debt, has dismissed its co-founder @ChristianLanng, #citing #serious #allegations of #sexualassault and #harassment and "#grossmisconduct on multiple grounds." #Lanng has #vehemently denied the allegations. #Tradeshift appointed former chief revenue officer James Stirk as interim CEO. The company has attracted investment from a wide range of investors, including strategic backers @HSBC, @GoldmanSachs, @AmericaExpress, and @Intuit. Most recently, #HSBC invested $35 million in July.

Tradeshift's statement said the company became aware of the allegations in late August and dismissed Lanng on September 1. The U.S.-#Danish company said it has set up a "dedicated and #anonymous #whistleblowing line" for its 800 employees. In August, Lanng launched a separate venture called @BeyondWork, which describes itself as a "#humanfirst interface to #automate anything with multiplayer #AI." It has raised $2.5 million in pre-seed funding led by @MoonfireVentures, with co-investment from @MIT-affiliated fund E14, and is currently waitlist-only.

Lanng claimed the allegations stemmed from a #breakdown in #negotiations over his and others' exits from Tradeshift. He added: “I have given the current management and new board every opportunity to move on peacefully. This would still be my preference, but I am now taking advice on my next steps.”

In an apparently unrelated development, Tradeshift #cofounder and former head of platform @MikkelHippeBrun posted on @LinkedIn on Tuesday that he had left Tradeshift to work on another #startup.