Business Magazine

Synapse, Backed by A16z, Has Collapsed, and 10 Million Consumers Could Be Hurt

Posted on the 26 May 2024 by Phil's Stock World @philstockworld

Last year, the fintech startup world - star of the 2021 venture capital heydays - began to unravel as VC funding grew tight. As we step into mid-2024, large chunks of the sector today are a downright mess, especially the banking-as-a-service area which, ironically enough, experts last year told us ...

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