3 ms·
Rambling interview. As best as I can tell Synapse said there were technical issues with Evolve the bank. Meanwhile this article said Synapse withdrew from Evol
by rawgabbit 2y ago
Rambling interview. As best as I can tell Synapse said there were technical issues with Evolve the bank.
Meanwhile this article said Synapse withdrew from Evolve the end user funds. Mr. Holmes of Evolve said the bank “transferred all end user funds” to other banks at the request of Synapse, but declined to identify them
https://www.nytimes.com/2024/07/09/business/synapse-bankruptcy-fintech-fdic-insurance.html https://www.nytimes.com/2024/07/09/business/synapse-bankrupt...
- phonon 2y agoI'm sure the spokesperson for Evolve who then says "“It’s complicated,” he wrote in an email Friday, declining to elaborate further."" is fully trustworthy and not eliding any important details.