TabaPay’s plans to purchase the assets of troubled banking-as-a-service startup Synapse have fallen through.

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TabaPay has pulled out from buying bankrupt Synapse due to issues with banking partner Evolve Bank & Trust. Despite the pullout, Synapse CEO believes TabaPay can still be convinced to stay in the deal.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse