What is Synctera?
Launched in 2020, Synctera operates as a comprehensive banking and payments platform designed to empower financial innovation. The company provides businesses with the essential tools and infrastructure needed to build and scale sophisticated banking products. Concurrently, Synctera equips sponsor banks with the necessary technology to manage compliant partnerships, bridging the gap between traditional financial institutions and emerging fintech solutions. This dual focus allows Synctera to cater to a broad spectrum of the financial ecosystem, facilitating the creation of novel financial services.
How much funding has Synctera raised?
Synctera has raised a total of $94M across 5 funding rounds:
Angel/Seed
$12.4M
Series A
$33M
Other Financing Round
$15M
Series A
$18.6M
Other Financing Round
$15M
Angel/Seed (2020): $12.4M with participation from Diagram, Max Levchin, Zachary Perret, Alexa von Tobel, Henry Ward, and Lightspeed LLC
Series A (2021): $33M led by Gaingels, Fin Venture Capital, and Mastercard
Other Financing Round (2023): $15M supported by National Bank, Emigrant Bank Fine Art Finance, and The Banc Funds
Series A (2024): $18.6M featuring Fin Capital, Banco Popular, Mana Ventures, Naventure, Lightspeed, and Diagram Capital
Other Financing Round (2025): $15M backed by Fin Capital, Diagram, and True Equity Wealth Management
Key Investors in Synctera
Fin Capital
Fin Capital is a global asset management firm specializing in full life cycle investing in B2B FinTech companies. They focus on supporting businesses across the US, UK, and Europe, offering strategies from Pre-Seed to public equity.
Mastercard
Mastercard is a global technology company in the payments industry, providing a wide range of payment solutions and services through its extensive network, connecting consumers, financial institutions, and merchants worldwide.
Gaingels
Gaingels is a leading investment syndicate supporting the LGBTQ community and allies in venture capital, investing in high-growth companies with inclusive teams and LGBT founders or C-suite leaders.
What's next for Synctera?
The recent major strategic investment in Synctera signals a strong vote of confidence from its backers, likely positioning the company for accelerated scaling and product development. With a foundation built on enabling financial innovation, Synctera is poised to further enhance its platform capabilities and expand its market reach. Future strategic moves may involve deeper integration with financial institutions, the introduction of new product verticals, or expansion into new geographic markets, all aimed at solidifying its position as a key enabler of modern financial services.
See full Synctera company page
