Here's an article on this, from The Block:

Nuri cites the Terra/Luna collapse and Celsius’ bankruptcy filing as reasons behind the insolvency

The insolvency is the latest move made by the German firm amid the recent market downturn. In late May, the company laid off 20% of its employees.

Nuri has raised €42.3 million ($43.2 million) in funding over eight funding rounds to date, according to Crunchbase.

German fintech Nuri files for insolvency amid market downturn
https://www.theblock.co/post/162545/german-fintech-nuri-files-for-insolvency-amid-market-downturn