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Fintech Business Weekly
Fintech Business Weekly
VyStar Invested $20M Into “Dysfunctional” Nymbus; “Botched” Transition Led To Consent Order, $1.5M Penalty

VyStar Invested $20M Into “Dysfunctional” Nymbus; “Botched” Transition Led To Consent Order, $1.5M Penalty

Nymbus Is "Attempting To Extort" $1.5M From Former Customer TransPecos In Contract Dispute, Bank Argues In Court Filing

Jason Mikula's avatar
Jason Mikula
Nov 03, 2024
∙ Paid
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Fintech Business Weekly
Fintech Business Weekly
VyStar Invested $20M Into “Dysfunctional” Nymbus; “Botched” Transition Led To Consent Order, $1.5M Penalty
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Hey all, Jason here.

I’m back home in the Netherlands, and it is the perfect fall Sunday — which I plan to head out and enjoy. Money2020 was a hectic, busy, informative experience, though four days in Las Vegas is entirely too long. If you’re looking for a summary of some highlights from the event, recommend Alex Johnson’s writeup here.

One more major eve…

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