Carlo Kobe and Scott Smith believed so strongly in the need for a debit card product designed specifically for Gen Zers that they dropped out of Harvard and Cornel at ages 19 and 21, respectively, in 2021 to build a startup called Fizz. The pair wanted to go beyond creating a debit card for the […]
Teen fintech Copper had to emergency discontinue its banking, debit products
Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts and debit cards on May 13. In a letter to customers, CEO and co-founder Eddie […]