Post-Synapse meltdown, this is the state of the banking-as-a-service industry

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 […] © 2024 TechCrunch. All rights reserved. For personal use only.