Copper Banking halts teen bank accounts and debit cards after Synapse’s bankruptcy and failed $9.7M sale

Copper Banking abruptly shut its deposit accounts and debit cards after its banking-as-a-service provider Synapse began sunsetting services amid bankruptcy and a failed sale, leaving a small percentage of customers temporarily without access to funds while the company works with partners to return money and pivot to white-labeled bank partnerships.

EEddie Behringer BBehringer CCopper