Money For the Rest of Us

Don't Lose Access to Your Cash: Comparing Banks, Neobanks, and Fintech Platforms for Cash Savings

Jun 19, 2024
The podcast discusses the chaos in the fintech space due to the bankruptcy of Synapse Financial Technologies. It explores the differences between traditional banks, neobanks, and non-banks. Listeners are advised on how to protect their cash savings when investing with these institutions.
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Episode notes
1
Intro
00:00 • 2min
2
Challenges and Reconciliation Efforts in a FinTech App Bankruptcy
01:52 • 10min
3
Comparing Banks and FDIC Protection for Cash Savings
11:59 • 2min
4
Navigating Risks in Cash Savings Apps through Banks, Neobanks, and FinTech Platforms
14:29 • 13min