Fintech
Synapse collapses, 10 million users at risk
The financial technology (Fintech) startup market, which boomed in 2021, is now facing many difficulties, especially in providing banking services to third parties (Banking-as-a-Service, BaaS). . The most notable event was the BaaS company Synapse declaring bankruptcy. This incident shows the fragility of the Fintech ecosystem when an important link has problems. Synapse provides a […]
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