Science & Technology

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

3 days ago

on

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:

Related Topics:

1 Comment

  1. @aSIevovo

    October 28, 2024 at 8:49 pm

    Je paierais pour pouvoir regarder des vidéos comme celle-ci tous les jours. Oh, attendez, c’est gratuit ✨

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version