Blog Posts

March 13, 2023

The Fintech Times Interview with Sankaet Pathak

Carla McMorris

The Fintech Times interviewed Sankaet Pathak, co-founder and CEO of Synapse, for a recent article that showcased our customer, Glance Capital, and the valuable services they are bringing to gig workers. Gig workers make up a large and growing segment of the American workforce, one largely underserved by traditional banks. Highlights from the article include:

  • In 2019, the population of freelance workers in America was 57 million, representing 35 percent of the workforce.
  • Black and Hispanic workers made up a larger percentage of gig workers than white Americans.
  • Brad Stuit, CEO of Glance Capital said “Solving the financial access problem for gig workers is important for the overall economy as it allows for a more inclusive and stable workforce, which can lead to increased productivity and economic growth.”
  • Fintech companies are in a unique position to customize their services to address the unique needs of gig workers including:
  1. Using higher fidelity data to determine creditworthiness than what banks use, and
  2. Not evaluating risk based on income stability and other factors.
  • Applications like Glance, offered by Glance Capital, are also fast and easy to use and come with lower fees.
  • When fintechs work with a Banking-as-a-Service platform, like Synapse, they have access to best-of-breed products and services to launch feature-rich offerings in weeks.

Read the article

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The Fintech Times Interview with Sankaet Pathak

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Carla McMorris
March 13, 2023

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.