TabaPay scraps buyout of bankrupt Synapse for ~$10 million
TabaPay, an instant payments company, has decided to withdraw its plans to acquire the assets of Synapse, a struggling banking-as-a-service startup, as confirmed to TechCrunch. Synapse points to its banking partner, Evolve Bank & Trust, as the issue, while Evolve denies any involvement or fault. Meanwhile, Mercury, another party involved[…]
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