Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.

Jun 1, 2024 - 20:00
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Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.