TabaPay Agrees To Acquire Struggling Synapse’s Assets
getty Payment processor TabaPay said it has agreed to acquire the operating assets of Synapse Financial Technologies, a troubled banking-as-service fintech. According to TabaPay, the sale follows Synapse’s filing today of a Chapter 11 bankruptcy petition, meaning the deal must be approved by the bankruptcy court. The sale would move San Francisco-based Synapse’s lending, brokerage