December 4, 2024

Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

 Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.