baas

Announcing the agenda for the Fintech Stage at TechCrunch Disrupt 2024

Fintech /

We’re incredibly excited to announce that we’ve added a dedicated Fintech Stage to TechCrunch Disrupt 2024. It joins Space, SaaS and AI as the other industry-focused stages — all under one big roof. As the fintech industry evolves, new opportunities abound for founders, investors, and customers. Areas such as mobile banking, global payroll, digital payments, embedded […]

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Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

Fintech /

Banking-as-a-service (BaaS) platforms are instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending. Globally,

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The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

Startups /

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here.  The big story Last week, we

The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space Read More »

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

Fintech /

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

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