Science & Technology
Synapse’s collapse could spell trouble for nearly 100 fintech startups | TechCrunch Minute
After years of missteps and struggles, the banking-as-a-service fintech Synapse officially has gone bankrupt. When a banking or financial startup fails, ordinary people get hurt. According to Synapse’s filings, up to 100 fintechs and 10 million customers could be impacted. But as industry expert Jason Mikula told TechCrunch, some customers using Synapse operate small businesses,…
@Anil-gt2kn
May 29, 2024 at 5:54 pm
Thanks. Short to the point. Question: Is Evolve BAAS fintech also involved with Synapse fiasco?
@Kiarasahara_07
May 30, 2024 at 1:01 am
Will you keep updating on this… we need word out. And I feel like there isn’t much talk about it. I have money in Yotta it was a way for me to have my sinking funds put away until I needed them. It’s horrible what’s happening I understand there are people who are in way worse situations than me. Just hope they figure it out and help us all out.
@cupidok2768
June 4, 2024 at 7:04 pm
Can you give me a list of the companies that are tied to them. You said there’s a 100
@nancywaller2907
May 30, 2024 at 12:35 pm
It’s been since may about 10th the consumers havent had access to their money!
@nanc2907
May 30, 2024 at 12:35 pm
It’s been since may about 10th the consumers havent had access to their money!
@jessicahaines7263
May 30, 2024 at 5:37 pm
Thanks great swimming up. As one of the 10 million average Joe’s who’s affected and can’t access any of my savings, suddenly living hand to mouth which is better than some, I really appreciate you trying to get the word out
@js72634
May 30, 2024 at 5:37 pm
Thanks great swimming up. As one of the 10 million average Joe’s who’s affected and can’t access any of my savings, suddenly living hand to mouth which is better than some, I really appreciate you trying to get the word out
@rinaperse
June 1, 2024 at 6:04 am
I have $26K worth of money trapped with Yotta because of this scandal with Synapse!! I cannot withdraw my money at all and Yotta is unhelpful!! I’m commenting so that this video can get boosted in the algorithm!
@rinaperse
June 1, 2024 at 6:04 am
I have $26K trapped with Yotta because of this scandal with Synapse!! I cannot withdraw my money at all and Yotta is unhelpful!! I’m commenting so that this video can get boosted in the algorithm!
@kaelthunderhoof5619
June 3, 2024 at 9:40 pm
Y’all stop using products promoted by YouTubers
@humantrash7980
June 4, 2024 at 3:18 pm
@@kaelthunderhoof5619fool me once shame on them. I joined Yotta when I was 18 and it seemed like a legit savings account since they claimed it was fdic insured. Luckily I only had a small amount since I preferred American Express but still it’s a hard lesson to learn
@jaystrid3446
June 4, 2024 at 11:16 am
I believe it was a scam from the beginning.