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Judge Says Up To 20 Million Fintech Depositors Are At Risk From Synapse Bankruptcy

Tens of thousands of customers have already lost access to more than $114 million of their own funds, as banking-as-a-service business comes under scrutiny.

United statesSankaet pathakAdam moelisYotta moelisMark egidiTracey guerinMartinr barashAron benderMichael gottfriedYoo golubchikLos angelesDarren azmanCaroline stapletonCross river bankUnited states trusteesDepartment of justice

TabaPay Agrees To Acquire Struggling Synapse s Assets

TabaPay said the purchase follows a bankruptcy filing by Synapse, a banking-as-a-service fintech backed by Andreessen Horowitz and other VCs.

Forbes fintechRodney robinsonAndreessen horowitzSankaet pathakDeposit insurance corporationCross river bankSynapse financial technologiesSan francisco based synapseMountain viewSan francisco basedWest memphisArkansas based evolve bankFintech business weeklySynapse brokerageFederal deposit insurance corporationSan francisco

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