What is Synergent's credit union?
Founded by credit unions in 1971, Synergent operates as a managed services provider, delivering advanced solutions in core processing, payments, technology, business intelligence, and marketing. The company hosts Symitar's Episys® core processing, offering credit unions essential products and services designed for success. Synergent focuses on selecting, installing, and integrating these offerings, enabling credit unions to concentrate on enhancing member service experiences.
How much funding has Synergent's credit union raised?
Synergent's credit union has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Synergent's credit union
PPP
Public-Private Partnership
What's next for Synergent's credit union?
The recent major strategic investment signals a phase of accelerated growth and potential expansion for Synergent's credit union. This capital infusion is likely to fuel further innovation in their managed services, particularly in core processing and payment technologies, aiming to enhance the competitive edge of their credit union clients. The company's long-standing history and focus on service-driven, cost-effective solutions position it well to leverage this new financing for market consolidation or the development of new service verticals.
See full Synergent's credit union company page
