US EditionThe future of banking-as-a-service fintech companies
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The future of banking-as-a-service fintech companies
It’s been over one year since Synapse Financial Technologies’ collapse sent shockwaves through the banking-as-a-service (BaaS) ecosystem. The fallout continues to deepen, with lingering questions about missing funds, accountability, and the long-term viability of fintech-bank partnerships. In the latest status report of Synapse’s bankruptcy case filed on April 10 by Jelena McWilliams, the court-assigned trustee, she addressed the shortfall in cu…
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