Last year, the fintech startup world — star of the 2021 venture capital heydays — began to unravel as VC funding grew tight. As we step into mid-2024, large chunks of the sector today are a downright ...

U.S. financial disasters often emerge from overheated markets that become far too enamored with shiny new financial instruments. A June 6 report by the trustee in the bankruptcy of the financial ...

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 ...

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 ...

Nine-year-old Synapse Financial Technologies has long been a leader in banking-as-a-service, a niche of software providers offering startups a streamlined way to make use of financial infrastructure ...

(Bloomberg) -- Imagine putting your savings into a digital bank, not thinking about it, and waking up one day to find it inaccessible. That nightmarish scenario is exactly what happened to more than ...

SAN FRANCISCO--(BUSINESS WIRE)--Synapse Financial Technologies, Inc., a regulated embedded finance platform that increases access to best-in-class financial products, has been ranked 881 on the annual ...