Synapse

SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy

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. The deal is pending

Braid shuts down, Stash marches toward an IPO and what happens when a fintech relationship fizzles out

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign u

Amid breakup, Synapse, Evolve address allegations about how their relationship ended

Synapse and Evolve addressed allegations that claimed the companies were at odds with each other after Evolve decided to end the relationship.

a16z-backed fintech Synapse lays off 40% of its staff

Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech

Fintech is a mess. Is BaaS the outlier?

Banking-as-a-service involves a lot of facets and can be quite confusing, so we spoke to some experts who could make sense of it all.

Microsoft launches Fabric, a new end-to-end data and analytics platform

Microsoft today launched Microsoft Fabric, a new end-to-end data and analytics platform (not to be confused with Azure Service Fabric). The new platform centers around Microsoft’s OneLake data l

Next up on Synapse’s fintech services platform: White-labeled credit products

When Sankaet Pathak co-founded Synapse in 2014, he had a vision of doing more than just building a platform that enables banks and fintech companies to easily develop financial services.  He wanted t