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Re:(FinTech) Synapse has collapsed, 10M consumers, 100s of f... by kcsavvy on Sunday May 26, 2024 @09:47AM (#40482173)
I built and sold a yc-backed startup that used a BaaS vendor years ago.

Even then, the inside scoop was that Synapse is poorly built and operated. Among the fintechs in YC Synapse has been known as a no-go for a while.

There were a lot of flags - compelling media hit pieces, churning customers, departing execs, etc.

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