The collapse of banking-as-a-service (BaaS) fintech Synapse can have a “vital long-term adverse influence on all fintech, particularly consumer-facing companies,” one observer stated. Within the wake of the corporate’s demise, different startups within the house are working to show that not all BaaS is created equal.
As companions to fintech firms, Itai Damti, CEO and co-founder of Unit, Peter Hazlehurst, CEO and co-founder of Synctera, and Sheetal Parikh, basic counsel and chief compliance officer of Treasury Prime, are working time beyond regulation to make sure that their firms keep on monitor. Function in a compliant method.
The trio will be a part of us on stage at TechCrunch Disrupt 2024 to debate the challenges going through the trade and how you can construct their choices to guard the shoppers fintech shoppers serve. They may even talk about particular methods their firms can stop one other catastrophe from taking place once more, just like the one we noticed at Synapse.
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