We did not make a risky investment, we trusted legitimate FDIC insured banks to safeguard our life savings. We have lost money at the hands of American Banking Institutions and we are here to FIGHT FOR OUR FUNDS!

The collapse of Synapse Financial Technologies Inc., a banking-as-a-service platform, left thousands of digital banking customers without access to their funds, totaling $265 million. Synapse partnered with FDIC-insured banks and roughly 100 fintech companies including Yotta, Juno, Dave, Relay and others, offering high-yield savings accounts and other services to hundreds of thousands of depositors. Since Synapse filed for bankruptcy in April 2024, it was discovered that there was a $65 to $95 million shortfall between Synapse's ledgers and those of its partner banks.

01/09/2026 Reuters reported that the Trump administration said it will fund the Consumer Financial Protection Bureau with $145 million.

12/30/2025 Associated Press reported Judge Amy Berman ruled that the CFPB should continue to get its funds despite attempts from the Trump Administration to defund the organization.

Due to the work of Rise Economy, the Woodstock Institute, and the National Community Reinvestment Coalition, Public Citizen and Rosen, Bien, Galvan & Grunfeld, LLP, filing a lawsuit challenging an effort by President Donald Trump’s budget chief and acting head of the Consumer Financial Protection Bureau (CFPB), Russell Vought, to shut down the CFPB by starving it of funding, progress was made on keeping the CFPB running.

11/28/2025 CFPB announced $46,248,291 allocated for Synapse Financial Technologies Inc. See What Cases Have Received Allocation drop down..

06/07/2024 CNBC reported on the situation.

12/25/2024 The Wall Street Journal reported on the situation.

02/20/2025 The Wall Street Journal reported again on the situation.

03/06/2025 ABC Chicago reported on the situation.

03/07/2025 Fortune reported on the situation.

04/2025 Coffezilla reported on the situation in this spectacularly informative video.

06/20/2025 Fintech Business Weekly reported on the CFPB’s statement of interest in the Synapse Chapter 11 case

…but the majority of users still have NOT gotten their funds back.