The Fintech Banking Trap: What the Synapse Collapse Teaches Every Small Business Owner

When fintech middleman Synapse Financial collapsed in April 2024, over 200,000 accounts were frozen and $85 million in customer funds went missing. This episode unpacks how small business owners can protect their operating cash by understanding the hidden risks of neobanks and Banking-as-a-Service platforms. This content is for informational and educational purposes only and does not constitute financial advice. Always consult a qualified financial advisor before making investment decisions. This episode was generated with AI assistance.