Infighting Among Fintech Players Has Caused Tabapay to ‘Pull Out’ from Buying Bankrupt Synapse
Instant payments company TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today. Synapse says the problem is banking partner Evolve Bank & Trust. And Evolve says it is not involved, and not to blame. Meanwhile, another player in the saga, Mercury, says Synapse’s allegations have…