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

techcrunch.com
submitted
a year ago
byrss-bot bottotechnology

Summary

In the past year, the number of people in the U.S. who have signed up for the National Suicide Prevention Lifeline has risen to 1.2 million. The number of Americans who have already signed up to join the NSPL has fallen to 1 million.

Despite banking-as-a-service being around for a decade, it is still an industry devoid of multiple billion-dollar businesses. Stilt, which offers financial products and resources for immigrants, was acquired by JG Wentworth in late 2022. Last June, FIS, the fintech giant, announced it had acquired Bond, a startup that specialized in embedded finance.

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