Banking-as-a-service platform Synapse laid off 40% of its workforce, or 86 employees, on Monday, October 2. Synapse’s platform helps other startups offer deposit, payment and credit products by acting ...
Business banking startup Mercury is seeking to stake a claim of $30 million against the assets of its former partner, Synapse Financial Technologies, alleging Synapse’s future is in doubt and it needs ...
Having Razer Synapse eat up your PC's resources could soon be a thing of the past, at least for changing simple settings. Razer just rolled out the beta version of Synapse Web, which is a lightweight ...
The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated a service that ...
In 2022, after her family had a series of health scares, Kayla Morris sold her house. She cleared $280,000, representing 15 years of her life savings. She decided to put it all into an account on a ...
Banks involved in the mess caused by the collapse of fintech middleman Synapse have made progress piecing together account information for customers that could result in a release of funds in a matter ...
There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy.
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