What is Synctera?
Launched in 2020, Synctera operates as a comprehensive banking and payments platform designed to bridge the gap between traditional financial institutions and modern fintech innovators. By providing the essential infrastructure required to build and scale banking products, the company enables seamless integration for businesses while simultaneously equipping sponsor banks with the robust tools necessary to manage complex, compliant partnerships. This dual-sided value proposition positions Synctera as a foundational layer in the global embedded finance ecosystem, facilitating the rapid deployment of compliant, scalable 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, Lightspeed LLC, Zachary Perret, Max Levchin, Alexa von Tobel, and Henry Ward
Series A (2021): $33M led by Mastercard, Gaingels, and Fin Venture Capital
Other Financing Round (2023): $15M supported by The Banc Funds, National Bank, and Emigrant Bank Fine Art Finance
Series A (2024): $18.6M featuring Naventure, Lightspeed, Banco Popular, Fin Capital, Diagram Capital, and Mana Ventures
Other Financing Round (2025): $15M backed by Fin Capital, Diagram, and True Equity Wealth Management
Key Investors in Synctera
Fin Venture Capital
A global asset management firm exclusively focused on full life cycle investing in B2B FinTech companies, providing deep operational expertise and strategic guidance.
Mastercard
A global technology leader in the payments industry that provides a multi-rail network and integrated value-added services to facilitate secure, efficient electronic transactions.
Diagram
A Quebec-based venture builder that conceives, launches, and scales innovative technology companies by providing capital, hands-on support, and access to a deep ecosystem of partners.
What's next for Synctera?
With the infusion of this latest capital, Synctera is well-positioned to accelerate its product roadmap and deepen its penetration within the enterprise banking market. The company's strategic focus remains on enhancing its compliance-as-a-service capabilities and expanding its network of sponsor banks. As the demand for integrated financial services continues to rise, Synctera is expected to leverage its recent financing to fortify its technological moat, improve operational efficiency, and support the next generation of fintech startups and established enterprises looking to embed financial products into their core offerings.
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