November 14, 2025
Former banking middleware firm Synapse Financial Technologies Inc.'s Chapter 11 has been dismissed by a California bankruptcy judge after the debtor said it didn't have the funds to try to sell its assets again.
August 22, 2025
The Consumer Financial Protection Bureau has reached a settlement with the bankruptcy trustee for Synapse Financial Technologies Inc. that could unlock millions of dollars in relief for consumers whose funds were stranded in the middleware provider's collapse.
August 08, 2025
The Consumer Financial Protection Bureau is getting ready to file a complaint against bankrupt Synapse Financial Technologies on allegations it failed to properly keep track of consumer funds and left as much as $90 million in consumer funds unrecovered, the fintech firm's trustee has told a bankruptcy judge in California.
June 06, 2025
The court-appointed trustee overseeing the Chapter 11 of fintech middleware firm Synapse Financial Technologies Inc. is asking a California bankruptcy judge to convert the case to a Chapter 7 liquidation, despite some customer funds remaining unaccounted for.