The Spectacular Synapse Collapse

Slashdot
By msmashMar 7, 2025, 3:40 pm274 ptsTop
The spectacular collapse of fintech middleman Synapse has left $200 million in customer money frozen and up to $95 million missing, with no clear answers about where the funds went. After Synapse, a financial technology company connecting other fintechs to banks, filed for bankruptcy in April 2024, customers of…

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