TabaPay to Acquire the Assets of Synapse Financial Technologies, Inc. tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
With banking-as-a-service startup Synapse struggling, former client Mercury has gone to court to protect its interests in the event of Synapse’s collapse.
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Fintech Synapse was an early mover in the banking-as-a-service sector, but structural faults and operating problems have led to missing funds and a messy breakup with longtime partner Evolve Bank and Trust. Now, the startup needs to find a replacement fast.