Fintech startup Copper forced to discontinue banking services amid Synapse fiasco
(Copper Image) A small subset of customers storing money with fintech startup Copper are not able to access their deposit accounts due to a disruption
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(Copper Image) A small subset of customers storing money with fintech startup Copper are not able to access their deposit accounts due to a disruption
Tuesday's edition of Forbes Daily covers Hims' new weight loss drug, Scarlett Johansson and OpenAI, Temu and Shein's impact on trade routes, Memorial Day prices and more.
Last week, lawyers for the banking-as-a-service startup told a judge that the company, which had been serving 100 fintechs with 10 million customers, was working around the clock to wind down and solve account access problems.
Federal bank regulators are not coming to rescue the thousands of fintech customers who have lost access to their money.