The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space | TechCrunch
Briefly

from TechCrunch4 months ago
The potential short- and long-term implications of Synapse's demise showcase the challenges in the fintech sector when a key player faces trouble.
TechCrunchhttps://techcrunch.com/2024/05/28/the-demise-of-baas-fintech-synapse-could-derail-the-funding-prospects-for-other-startups-in-the-space/
Majority's success in achieving $40 million in ARR illustrates resilience in the competitive digital banking sector, amidst other struggling niche banks.
TechCrunchhttps://techcrunch.com/2024/05/28/the-demise-of-baas-fintech-synapse-could-derail-the-funding-prospects-for-other-startups-in-the-space/
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#synapse #bankruptcy #digital-banking-sector #fintech-funding
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