Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (Fortune)

Fortune: Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping  —  In 2022, after her family had a series of health scares, Kayla Morris sold her house.  She cleared $280,000, representing 15 years of her life savings.

Mar 9, 2025 - 00:00
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Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (Fortune)

Fortune:
Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping  —  In 2022, after her family had a series of health scares, Kayla Morris sold her house.  She cleared $280,000, representing 15 years of her life savings.

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