The Fintech Collapse Has Already Begun When 17.6 million people wake up to discover their Social Security numbers, home addresses, credit profiles, and digital footprints have been dumped into the underworld of the internet, it’s not just an IT glitch. It’s a fire alarm for anyone still living under the illusion that fintech offers “safe and convenient” alternatives to traditional banking. Prosper isn’t a fringe operator. It’s one of many polished, well-funded firms that have sprouted up in recent years promising to “disrupt” finance with sleek apps, fancy slogans, and glowing investor reports. But what they really do is funnel your most intimate financial data into sprawling cloud infrastructures—digital fortresses with paper-thin gates. And when the walls crack, it’s your…
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