Tabapay articles
-
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and financial institutions, the company said in a news release. TabaPay noted that the two firms had offered complementary financial technology services, with both companies appearing on Deloitte’s 2023 Fast 500. […]
-
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 bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money movement platform that SoftBank backed in a 2022 round of an […] © 2024 TechCrunch. All rights reserved. For personal use only.