What is Synctera?
Synctera operates as a comprehensive banking and payments platform designed to accelerate financial innovation. By providing the necessary technical and regulatory framework, the company enables businesses to build and scale sophisticated banking products with ease. Furthermore, Synctera equips sponsor banks with the essential tools required to manage complex, compliant partnerships, effectively acting as the connective tissue in the modern embedded finance landscape. Its market position is defined by its dual-sided value proposition: simplifying the integration process for fintechs while providing institutional-grade oversight for banking partners.
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, Alexa von Tobel, Henry Ward, Zachary Perret, and Lightspeed LLC
Series A (2021): $33M led by Fin Venture Capital, Gaingels, 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 Lightspeed, Fin Capital, Banco Popular, Diagram Capital, Naventure, and Mana Ventures
Other Financing Round (2025): $15M backed by Fin Capital, True Equity Wealth Management, and Diagram
Key Investors in Synctera
Fin Capital
A global asset management firm specializing in full life cycle investing for B2B FinTech companies, with a deep focus on embedded finance and infrastructure.
Lightspeed
A prominent technology firm providing cloud-based software and payment solutions, supporting the growth of retail and restaurant businesses globally.
Mastercard
A global leader in the payments industry, providing a multi-rail network that facilitates secure, efficient domestic and cross-border transactions for financial institutions and businesses.
What's next for Synctera?
Following this major strategic investment, Synctera is well-positioned to deepen its enterprise-level capabilities and expand its footprint within the global financial services ecosystem. The company is expected to leverage this capital to enhance its product suite, focusing on advanced compliance automation and broader payment rail integration. As the demand for embedded finance solutions continues to accelerate, Synctera's focus will likely shift toward scaling its operational infrastructure to support larger, more complex institutional partnerships, thereby cementing its role as a foundational layer in the future of digital banking.
See full Synctera company page
