Post-Synapse meltdown, this is the state of the banking-as-a-service industry | TC Disrupt 2024

The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse’s problems have hurt and taken down a number of other startups and affected millions of consumers all over the country. Many believe regulatory clarity is needed moving forward. One analyst…

Published

2 years ago

October 28, 2024

CYBER TECH TV

The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble.

Synapse’s problems have hurt and taken down a number of other startups and affected millions of consumers all over the country. Many believe regulatory clarity is needed moving forward. One analyst says the case of Synapse underscores the need for fintech companies to maintain high operational and compliance standards.

This panel with Unit Co-Founder & CEO Itai Damti, Synctera Co-Founder and CEO Peter Hazlehurst, and Treasury Prime General Counsel & CCO Sheetal Parikh discusses the potential impacts the Synapse collapse will have on the future of BaaS.

#TechCrunchDisrupt2024 #Technology #Startups

Subscribe for more on YouTube:

Follow TechCrunch on Instagram:
TikTok:
X: tcrn.ch/x
Threads:
Facebook:
Bluesky:
Mastodon:
Read more:

Science & Technology

Intero Biosystems Wins Startup Battlefield for its Lab-Grown Digestive Systems

Congrats to Intero Biosystems, this year’s Startup Battlefield 200 victor! They’re developing lab-grown tissue that mimics our digestive system, to study how drugs and compounds effect our bodies…before they effect our bodies.

Published

19 hours ago

October 15, 2026

CYBER TECH TV

Congrats to Intero Biosystems, this year’s Startup Battlefield 200 victor!

They’re developing lab-grown tissue that mimics our digestive system, to study how drugs and compounds effect our bodies…before they effect our bodies.

Science & Technology

Bluesky’s Leadership Thinks Social Can Still Start Over | Disrupt 2026

Can social media enter a new era? With a new leadership team at the helm, Bluesky is betting that openness, user choice, and new technology can reshape how online communities are built. CEO Toni Schneider and COO Rose Wang discuss the future of social media, competing with established platforms, and what it takes to build…

Published

21 hours ago

October 15, 2026

CYBER TECH TV

#TechCrunchDisrupt2026

Science & Technology

Why Most Deep Tech Startups Stall Between Prototype and Production | Disrupt 2026

Founders may have the right team and tech and still miss what it takes to manufacture and scale. Bedrock Robotics’ Kevin Peterson and Foxglove’s Adrian Macneil share what they’ve learned about crossing that gap. #TechCrunchDisrupt2026 Follow us across… Read more:

Published

22 hours ago

October 15, 2026

CYBER TECH TV