Tag

#Savings Accounts

2 articles

Finance

Millions Vanish: Fintech Savings Accounts Leave Users Short

Millions of dollars are unaccounted for after a dispute between fintech intermediary Synapse and Evolve Bank & Trust left customers of savings apps like Yada and Juno facing significant losses. Users report receiving only a fraction of their deposited funds, raising concerns about the safety of money held through fintech services and the adequacy of regulatory oversight.

6 days ago