The serious, long-term negative impact of the bankruptcy of banking-as-a-service (BaaS) fintech Synapse will be significant “on all of fintech, especially consumer-facing services,” one observer has said. In the wake of that company’s collapse, other startups in the space are working hard to prove that not all BaaS are created equal.
As partners to fintechs, Unit CEO and co-founder Itai Damti, Synctera chief risk and compliance officer Mitchell Lee, and Treasury Prime general counsel and chief compliance officer Sheetal Parikh are working overtime to ensure their companies are operating in a compliant manner.
The trio will join us onstage at TechCrunch Disrupt 2024 to discuss the challenges facing the industry and how their offerings are being built to protect the customers served by their fintech clients. They will also talk about the specific ways their companies are operating to prevent another debacle like the one we’re witnessing with Synapse from happening again.
TechCrunch Disrupt, which will be held at the Moscone Center in San Francisco from October 28 to October 30, is the center of the startup universe. Join more than 10,000 startup leaders and VC industry players for three days of content surrounding the hottest topics in startup land, from AI to SaaS to space.