One observer said the bankruptcy of Banking as a Service (BaaS) fintech Synapse would have a significant and long-term negative impact “on all fintechs, especially consumer-facing ones.” In the wake of the company’s collapse, other startups in the space are trying to prove that not all BaaS is created equal.
As partners with fintech companies, Unit CEO and Co-Founder Itai Damti, Synctera CEO and Co-Founder Peter Hazelhurst, and Treasury Chief Legal Counsel and Chief Compliance Officer Sheetal Parikh work tirelessly to ensure the company operates in a compliant manner.
The trio will take to the stage at TechCrunch Disrupt 2024 to discuss the challenges the industry faces and how fintech clients are building services to protect the customers they serve. They’ll also talk about specific ways companies are operating to prevent another disaster like the one Synapse is seeing happen again.
TechCrunch Disrupt, taking place October 28-30 at Moscone Center in San Francisco, is the epicenter of the startup world. Join 10,000+ startup leaders and VC industry insiders for three days of content covering the hottest topics in startups, from AI to SaaS to space.
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