Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt
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Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt | TechCrunch
https://techcrunch.com/2024/05/25/with-a16z-backed-synapses-collapse-baas-fintech-is-a-mess-and-10-million-consumers-could-be-hurt/
The collapse of Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble.