{
Evolve Bank & Trust

Companies

}

synapse financial to return frozen consumer funds by year-end

The court-appointed trustee, Jelena McWilliams, announced that approximately $200 million in consumer funds frozen during the bankruptcy of Synapse Financial Technologies Inc. will be returned by December. This final disbursement concludes a six-month period in which customers were unable to access their funds held by fintech firms like Yotta Savings, Copper Banking, and Juno Finance. Evolve Bank & Trust, Synapse's primary banking partner, has completed the reconciliation of its ledgers with Synapse, providing instructions on its website for customers to regain access to their funds.
bloomberg.com
United States Dollar Evolve Bank & Trust USA Jelena McWilliams
Finance & Economy, News Article
20:07 23.10.2024
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