banking-as-a-service

Form3, a quiet giant in UK fintech, raises $60M at a $570M valuation

Fundraising /

The global economy remains in a sticky spot, in the words of the International Monetary Fund. Understandably, banks and other financial players are therefore looking to do what they can to bring down operating costs while spurring more financial activity. Today, Form3, one of the startups building tools to do just that by connecting financial […]

Form3, a quiet giant in UK fintech, raises $60M at a $570M valuation 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 »