Articles from Synctera

Synctera, a leader in embedded finance and banking as a service (BaaS), today announced $24.5M in new funding, bringing total funding to $126.7M. Participants include Multiplier Capital, Fin Capital, 1st & Main Growth Partners, Diagram, and NAventures. The funding backs Synctera's work with sponsor banks and FinTechs as more banks get back in the game with BaaS.

Synctera, a leader in embedded finance and banking-as-a-service (BaaS), today announced the acquisition of Cable, which automates control testing so banks know if their fintechs are complying with regulations and agreed procedures. The Cable team will join Synctera and continue to operate and build the product. Cable will continue to be available as a standalone offering.

Synctera, the leader in banking-as-a-service and embedded finance, announced today a $15M round of funding, bringing the company to a total of $94M raised to date. The new funding will support the acceleration of its growth and ability to meet the more complex needs and increased scale of its latest customers, such as Bolt and Unified Signal.

Synctera, a leader in embedded banking and finance, announced today that it has raised an $18.6 million extension to its 2021 Series A round, with Lightspeed and Fin Capital co-leading alongside participation from other previous investors NAventures and Diagram. New investors include Banco Popular and Mana Ventures.

Synctera, a BaaS (banking as a service) platform and leader in embedded finance, announced today that Stearns Bank National Association has joined its dynamic and diverse community of sponsor banks.

Banking as a Service (BaaS) company Synctera announced today that it is partnering with National Bank of Canada to help companies build and launch FinTech apps and embedded banking products in Canada.

Synctera, a company that helps startups and established companies build and launch FinTech apps and embedded banking via its Banking as a Service (BaaS) platform, today announced the launch of two products that will allow FinTech builders to launch a wider range of products, faster:

Synctera, a startup that helps companies build and launch FinTech apps and embedded financial products via its Banking as a Service (BaaS) platform, today announced the release of Synctera Line of Credit. A BaaS industry first, Synctera Line of Credit allows both FinTech developers and established companies to quickly create innovative lending products or embed lending services into existing offerings.

Synctera, a leading FinTech platform helping innovators bring financial products to market more efficiently, announced today it is adding Yvette Butler, former President of Private Banking & Wealth Management at Silicon Valley Bank (SVB), to its board.

Synctera, a leading FinTech platform helping innovators bring financial products to market more efficiently, has launched Ground Control, an end-to-end banking and compliance operational support program for developers and builders of financial products. Ground Control is a complimentary service that helps Synctera’s customers with operational support they need to ensure banking and financial compliance obligations are met while they are launching, scaling, and building in-house teams.

Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, has partnered with Sincere, a pet-focused financial services technology provider that seeks to reward pet parents. Synctera provided Sincere with banking integration support to efficiently build and launch Sincere’s first product, a cashback debit card.

Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, is expanding its partnership with Mastercard by integrating Mastercard’s open banking platform (provided by Mastercard’s wholly owned subsidiary, Finicity) to provide account verification solutions for Synctera-powered FinTechs. The addition of consumer-permissioned data from an open banking platform allows early-stage FinTechs access to the data they need to mitigate fraud, maximize confidence, and provide more choice in payment transactions to improve user experiences.

Synctera, a platform provider powering the future of FinTech innovation, today goes live with t-minus10: the fastest, most complete way in the industry to build, test, and launch a FinTech application. t-minus10 is an intuitive tool that allows builders to test FinTech products in a real-money “live banking environment” where users can issue cards, create accounts, mimic flow of funds in production and more, without jumping through manual, high-touch obstacles.

Synctera, a platform provider powering the future of FinTech innovation, today shared an update on its new program Liftoff which helps FinTech builders get bank partnerships and launch their products in weeks versus months.

Synctera, a new solution for partnership banking at scale, today announced its first launch between Lineage Bank and GoGetr using Synctera’s platform.

Synctera, a new FinTech Banking solution, launched t-minus10 today, an innovation that enables any developer to build an end-to-end FinTech application in a matter of days, including card issuance. t-minus10 will dramatically decrease time to market for FinTechs by giving them the tools to create a prototype, test with live cards and accounts and set up a waitlist. With this in hand a FinTech now has a much easier path to find their ideal partner bank and set of investors pre-launch.

Synctera, a new solution for partnership banking at scale, today announced the signing of two new customers, Lineage Bank and Ellevest. This news comes just five months after Synctera’s launch and seed funding in December 2020, where it also debuted its first community bank and FinTech customers, Coastal Community Bank and ONE Finance. Alongside its new clients, Synctera also brings on Julie Solomon, Ph. D, as the company’s Chief Revenue Officer (CRO), where she will spearhead client growth and onboarding.

Synctera, a new solution for partnership banking at scale, today announced partnership agreements with CheckAlt, the largest independent lockbox and electronic payments provider in the country, and Socure, the leader in 100% digital identity trust, to bring mobile remote deposit capture (MRDC) and identity verification capabilities to clients. Alongside the partnership news, Synctera is also announcing two new product offerings for its FinTech and community banking partners: ACH-as-a-Service, enabling community banks to execute ACH payment instructions on behalf of their FinTech partners, and Ledger-as-a-Service, allowing FinTechs to outsource ledger functionality to Synctera.