85,000 accounts locked in fintech meltdown
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs
Source: businessnorth.com
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Synapse bankruptcy: Yotta CEO says 85,000 bank accounts locked
The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.
Source: cnbc.com
Savings app CEO says 85,000 accounts locked in fintech meltdown: 'We never imagined a scenario like this' – NBC 5 Dallas-Fort Worth
The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.
Source: nbcdfw.com
Judge Says Up To 20 Million Fintech "Depositors" Are At Risk From Synapse Bankruptcy
Tens of thousands of customers have already lost access to more than $114 million of their own funds, as banking-as-a-service business comes under scrutiny.
Source: forbes.com
Savings account interest rate forecast: What experts predict for this year, 2024
Interest rates on high-yield savings accounts have been high. But could they go higher? Here's what some experts think.
Source: cbsnews.com