3alexd | E+ | Getty Images A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming…
Read more Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM tiesOscar Wong | Moment | Getty Images When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save…
Read more Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for more than a week,…
Read more Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcyThe disruption of traditional bricks-and-mortar banks by fintech companies was already occurring when the pandemic sent startups offering banking services faster, cheaper, and more digitally accessible into overdrive.…
Read more Fintech CEO Chris Britt of Chime on reasons Americans don’t trust banksMobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according to CEO Jason Wilk.…
Read more ‘We’re alive and kicking’: CEO of banking app Dave wants to dispel doubts after this year’s 97% stock plunge
