July 19, 2024

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

 How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

The Synapse collapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.