Browsing: Synapse
Senators urge owners, partners and VC backers of fintech Synapse to restore customers’ access to their money
A group of senators has rallied to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of…
BaaS fintech Synapse’s collapse could derail funding prospects for other startups in the space
Welcome to TechCrunch Fintech! This week, we look at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To…
Last year, the world of fintech startups — a star of the venture capital heyday of 2021 — began to unravel as VC funding became tight.…
US trustee wants troubled fintech Synapse liquidated through Chapter 7 bankruptcy, cites ‘gross mismanagement’
The outlook for troubled banking startup Synapse has gone from bad to worse this week after a United States administrator filed for emergency relief on Wednesday.…
TabaPay has abandoned plans to buy the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today. Synapse says the problem is banking partner Evolve…
SoftBank-backed TabaPay buys assets of a16z-backed Synapse after filing for bankruptcy
After a tumultuous year, the banking-as-a-service (BaaS) startup. Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the…