Joonko’s board has formally accused ousted CEO Ilit Raz of exaggerating the size of its business.
, appears to have lied about working with several US corporate icons — even as it raised tens of millions of dollars to fuel its expansion.
“American Express has never been a client of Joonko, nor worked with them in any way,” a company spokesperson said in a statement.Accenture also denied have any ties to Joonko. “I can confirm Accenture was not a customer and does not have a business relationship with this startup,” Accenture spokesperson Peter Soh said.
The same release touted “remarkable growth” at Joonko under Raz’s leadership “with 500% growth in sales for two consecutive years,” but did not provide further revenue numbers.
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