Banking as a Service Synctera raises $18 million - Axios

Mar 4, 2024  · Why it matters: The funding news comes amid broader turmoil in the Banking as a Service sector. Context: This is actually the second extension Synctera has raised since …


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Banking As A Service Synctera Raises $18 Million - Axios

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Mar 4, 2024  · Why it matters: The funding news comes amid broader turmoil in the Banking as a Service sector. Context: This is actually the second extension Synctera has raised since …

axios.com

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Banking As A Service: State Of Play - Axios

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Mar 11, 2024  · Banking as a Service provider Synctera raised an $18.6 million Series A extension in March, even as other players in the BaaS market struggle with layoffs and acquisitions. Why …

axios.com

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Synctera Announces $18.6M Funding Boost, Appoints New CRO, …

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SAN FRANCISCO, March 04, 2024--(BUSINESS WIRE)--Synctera, a leader in embedded banking and finance, announced today that it has raised an $18.6 million extension to its 2021 …

yahoo.com

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Synctera Raises USD 18.6 Million In An Extended Series A Round

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Mar 6, 2024  · San Francisco-based ‍banking-as-a-service⁣ platform, Synctera, has announced ⁢that it has raised $18.6 million in ‍an extended ‌Series A funding⁣ round. This brings the total …

bank.ax

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How Will Synctera’s $18.6M Raise Propel FinTech Innovation?

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Mar 5, 2024  · Synctera, a FinTech innovator excelling in Banking as a Service (BaaS), has bolstered its presence in the financial market with an additional Series A funding boost of …

b2bdaily.com

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Fintech Nexus Newsletter (March 4, 2024): BaaS Is Not Dead: …

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Mar 4, 2024  · Synctera, a BaaS standout, has raised $18.6 million in what the company is calling a Series A extension. The money is going to be used for international expansion as the …

fintechnexus.com

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BaaS Is Not Dead: Synctera Raises $18.6 Million - LinkedIn

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Mar 4, 2024  · > Synctera raises $18.6M for international expansion. www.axios.com. Banking as a Service provider Synctera raised an $18.6 million Series A extension led by existing backers …

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Synctera Is The Latest Banking-as-a-service Startup To Lay Off Staff

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Mar 26, 2024  · Synctera built a platform designed to bring together fintech companies and sponsor banks. It recently announced an $18.6 million extension round to its $15 million Series …

techcrunch.com

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Synctera Announces $18.6M Funding Boost, Appoints New CRO, …

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SAN FRANCISCO, March 4, 2024-- 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 …

vcaonline.com

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Banking As A Service: Banks’ $25 Billion Revenue ... - Synctera

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Of those that haven’t partnered or invested, 37% plan to partner in 2022, and 18% expect to make an investment in a fintech in 2022. ... Banking as a Service has received a lot of attention from …

synctera.com

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Synctera Company Profile 2024: Valuation, Funding & Investors

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What is Synctera’s current revenue? The current revenue for Synctera is . How much funding has Synctera raised over time? Synctera has raised $64M. Who are Synctera’s investors? 1st & …

pitchbook.com

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Fintech's Banking-as-a-service Sector Struggles - Axios

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Jun 15, 2023  · Flashback: It wasn’t long ago that banking-as-a-service was an ultra-hot sector in the fintech ecosystem. Synapse raised $32.6 million in Series B venture funding in a deal led …

axios.com

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Synctera, Which Pairs Community Banks With Fintechs, Signs On …

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Sep 20, 2021  · Synctera, a matchmaker for community banks and fintechs that celebrated a $33 million Series A round just three months ago, is beefing up its platform.. The fintech …

finledger.com

FAQs about Banking as a Service Synctera raises $18 million - Axios Coupon?

How much money did synctera raise in 2022?

The last nine-figure funding rounds came when Pismo raised a $108 million Series B round in October 2021, and Unit pulled in a $100 million Series C at a $1.2 billion valuation in May 2022. More recently, Treasury Prime raised $40 million in Series C funding in February, and Synctera scored $15 million in strategic funding in March. ...

What is the synctera series A-1 investment?

The Series A-1 investment, co-led by Lightspeed and Fin Capital, in combination with appointment of new CRO Leigh Gross, supercharges Synctera’s efforts to scale its embedded banking and finance business to support increasingly larger and more complex use cases in additional International markets and in the US ...

Is synctera a bank?

Synctera and featured clients are financial technology companies and not a bank. Banking services are provided by Synctera's partner banks. Synctera Canada is a registered Money Service Business with FINTRAC; Revenu Québec license #17565. Synctera Canada is not a financial institution. ...

Who provides banking services to synctera Canada?

Banking services are provided by Synctera's partner banks. Synctera Canada is a registered Money Service Business with FINTRAC; Revenu Québec license #17565. Synctera Canada is not a financial institution. Banking services are provided by Synctera Canada’s partner banks who are CDIC members. ...

Who are synctera's new investors?

New investors include Banco Popular and Mana Ventures. "We've been very fortunate to be able to meticulously, and opportunistically, raise money on the back of super strong growth to double down on what's working and accelerate our momentum with enterprise customers," said Peter Hazlehurst, co-founder and CEO of Synctera. ...

Who can use the synctera platform?

The Synctera Platform allows customers to work with any sponsor bank. Match with a bank that is a part of the Synctera network or bring your own bank partner. Regardless, customers that use the Synctera Platform always maintain a direct relationship with their sponsor bank. Compliance is at the heart of everything we build. ...

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