Every dollar amount and date on this page is quoted from the official settlement document.
Synapse Financial Technologies, Inc.
If your money transfer account was blocked after a chargeback, or if funds were drained from your Unified Account due to inactivity between 2019 and 2023, you could receive a refund automatically. The CFPB ordered the companies to pay back affected consumers, so you may not need to file anything.
Official eligibility wordingConsumers who lost access to funds held through Synapse Financial Technologies and its partnering banks, experiencing a shortfall of between $60 and $90 million. Checked against the official settlement source by SettleSignal on June 19, 2026.
Key facts
- Who may qualify You may qualify if you're a consumer who (1) had a money transfer account blocked because of a chargeback, or (2) had a Unified Account emptied by ViaPath Technologies, Telmate, or GTL Financial Services due to inactivity during 2019 through 2023.
- Estimated payoutCFPB Civil Penalty Fund designated to reimburse impacted consumers
- What you needNo claim filing is required. The CFPB is overseeing the redress process directly. If a claim form is later required, the agency or an appointed administrator will reach out to affected consumers.
- CourtU.S. Bankruptcy Court for the Central District of California
How hard is this claim to file?
Watch out for
- The litigation is listed as Pending — final distribution details and eligibility criteria have not yet been published in the available documents
- Funds held by the partnering banks were partially distributed already during reconciliation; your recoverable amount may reflect only the remaining shortfall, not your full original balance
- A prohibition on the sale of customer information is part of the order — be cautious of anyone claiming to help you claim funds in exchange for personal information
- The Civil Penalty Fund distribution process is administered by the CFPB, not a private claims administrator — verify any contact you receive is genuinely from the CFPB
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
Verify it yourself
How we verified this record
- Payout details the official settlement website · Jun 17, 2026
- Eligibility the official settlement website · Jun 17, 2026
- Court case the official settlement website · Jun 17, 2026
- Payment status the official government refund program page · Jun 19, 2026
- 4 fields queued for re-check
1 official source linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
Verified Jun 17, 2026 · against the official settlement website
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Payment status
Payments started
Verified Jun 19, 2026 · against the official government refund program page
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Estimated payout
CFPB Civil Penalty Fund designated to reimburse impacted consumers
Verified Jun 17, 2026 · against the official settlement website
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Court
U.S. Bankruptcy Court for the Central District of California
Verified Jun 17, 2026 · against the official settlement website
Show all 4 more verified fields
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Automatic refund
Yes — automatic, no claim needed
Verified Jun 19, 2026 · against the official government refund program page
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Court case number
1:25-ap-01052
Verified Jun 17, 2026 · against the official settlement website
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No-claim explanation
Partnering banks directly distributed funds to consumers after reconciling records; no consumer claim process described.
Verified Jun 19, 2026 · against the official government refund program page
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Case name
Synapse Financial Technologies, Inc.
Verified Jun 19, 2026 · against the official government refund program page
Synapse Financial Technologies, Inc. On August 21, 2025, the Bureau commenced an adversary proceeding and filed a complaint and proposed stipulated final judgment and order against Synapse Financial Technologies, Inc.
Where to act
No claim form is needed — the official administrator issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
