TabaPay, a SoftBank-backed company, has agreed to acquire the assets of Synapse, a banking-as-a-service fintech that filed for bankruptcy. Synapse was once a leader in BaaS, serving clients like Mercury, Relay, Cleo, Dave, Yotta, Stilt, and Copper.
Oura’s smart ring hits Target stores: https://t.co/xKxpEer3LB by TechCrunch #infosec #cybersecurity #technology #news
SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy: https://t.co/zKxwHRB3wf by TechCrunch #infosec #cybersecurity #technology #news
Synapse just ran out of cash and succumbed to bankruptcy. Meanwhile, SoftBank's golden child TabaPay is swooping in like a vulture on roadkill to snatch those assets, reports @ChristineMHall for @TechCrunch https://t.co/eBBWa3cYpm
SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy https://t.co/HbQpeS01la
After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. A collab with @ChristineMHall https://t.co/YIqUQvNlzh
TabaPay to acquire assets of bankrupt BaaS provider Synapse https://t.co/SNjmvdDUy3
TabaPay Agrees To Acquire Struggling Synapse’s Assets https://t.co/zlpPPBoZew
Synapse, once the Banking as a Service leader & the starting point for many neobanks, filed for bankruptcy Mercury, Relay, Cleo, Dave, Yotta, Stilt, Copper were all Synapse clients, but all moved on, some to other BaaS providers (like Unit), some to their own infra. https://t.co/75dpzi23CZ
Synapse, THE Banking as a Service leader & the starting point for many neobanks, filed for bankruptcy Mercury, Cleo, Relay, Dave, Solo, Yotta, Stilt, Copper were all Synapse clients at one time; but all moved on, some to other BaaS providers (like Unit), some to their own infra. https://t.co/RZxlVtQxzY
New: TabaPay has agreed to acquire struggling Synapse’s assets. It said the purchase follows a bankruptcy filing by Synapse, a banking-as-a-service fintech backed by Andreessen Horowitz and other VCs: https://t.co/1DiTNkWVai. By @emilymason00.