Synapse Bankruptcy

TabaPay to Acquire the Assets of Synapse Financial Technologies ...

As the asset acquisition is approved by the bankruptcy court, TabaPay will announce additional solutions that leverage the Synapse assets. About ...

Abrupt shutdown of financial middleman Synapse has frozen ...

Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including ...

Funds Frozen in Synapse to Be Returned by Year End, Trustee Says

(Bloomberg) -- The remainder of the roughly $200 million of consumer funds frozen during the bankruptcy of banking-as-a-service provider ...

Jason Mikula on X: " BREAKING: Synapse to sell assets for just ...

BREAKING: Synapse to sell assets for just $9.7 million, Evolve will cover any shortfalls in end-user funds, bankruptcy filings reveal.

Senators Call Out VCs as Synapse Collapse Woes Continue

A group of US senators is demanding all partners and investors of the now bankrupt banking-as-a-service business to take responsibility in remedying the fiasco.

Banking Regulators Issue Statement and Request for Information on ...

The abrupt shutdown and bankruptcy of Synapse left tens of thousands ... bankruptcy of Synapse. After Synapse collapsed, many consumers ...

Abrupt shutdown of financial middleman Synapse has frozen ...

Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & ...

Synapse Analytical Laboratories, LLC Bankruptcy (6:24-bk-03375 ...

Synapse Analytical Laboratories, LLC Bankruptcy (6:24-bk-03375), South Carolina Bankruptcy Court, Filed: 09/17/2024 - PacerMonitor Mobile ...

BaaS Insights: Synapse Bankruptcy & Fintech Future - Provoke.fm

Explore the latest in banking news as Jason Henrichs and Jason Mikula analyze the Synapse saga, Chapter 11 implications, and fintech's ...

Fuzzy lines between fintechs and banks confuse consumers in ...

For reasons that Synapse and its bank partner Evolve Bank & Trust are still disputing at a bankruptcy court in California, fintech partners of ...

DO YOU DO FBO? - Davenport, Evans, Hurwitz & Smith, LLP

The recent bankruptcy filing of Synapse Financial Technologies highlights the risks to banks of establishing “for the benefit of” or “FBO” accounts.

Evolve says Synapse payouts to happen "shortly" after Nov. 4 - Axios

Why it matters: The long time taken to untangle Synapse's bankruptcy has only fueled regulatory and scrutiny on bank-fintech partnerships ...

United States Bankruptcy Court: Central District of California

Visit the media gallery to view videos that describe some of the most common procedural matters in a bankruptcy case. Videos are available in both English ...

Synapse Credit's Finance Lending License Pulled In California

... Synapse Financial Technologies, whose April bankruptcy resulted in thousands of customers losing access to their accounts and funds. Synapse ...

Jelena McWilliams Update on Synapse's Case - Bloomberg News

... Synapse's bankruptcy case and is attempting to recover and distribute Synapse customer funds. She gives the latest update on the case in an ...

Episode 543: Killing It: The S–Breaking Banks - Apple Podcasts

... bankruptcy and acquisition that came with highly opinionated social media commentary. ... Um, their whole narrative was bankrupt Synapse has its ...

FDIC proposes new rules on bank-fintech partnerships after ...

... Synapse bankruptcy.Peter Morgan/AP. The Federal Deposit Insurance ... But the Synapse bankruptcy highlighted the challenges of ...

Lineage Bank expects to begin distributing funds by end of Aug ...

an update on the Synapse bankruptcy — Lineage Bank expects to begin distributing funds by end of Aug, while Evolve Bank & Trust provides no ...

Synapse is Bankrupt. Plus: KYC is still, still broken. But there's hope.

Synapse is bankrupt, with some assets to be acquired by Tabapay. After a long series of twists with their sponsor bank, Evolve, under consent orders, and ...

'Move fast and break things' might not work in fintech - Semafor

Sitting in the middle is — was — Synapse Financial, keeping track of whose money was where. When Synapse filed for bankruptcy in April, it ...