What Synctera does

Synctera is a banking-as-a-service (BaaS) platform founded in 2020 and headquartered in San Francisco. The company provides unified APIs that combine core banking, ledger, compliance, and orchestration capabilities, allowing fintech companies, embedded banking providers, and community banks to launch and scale banking products without requiring direct integration to a sponsor bank's core system. The product suite spans the Synctera Platform, Ledger (transactional ledger), Console (operational and compliance management), Cards (debit, credit, smart charge, and fleet), Money Movement (payment orchestration), SyncteraPay (a no-code banking product builder), and Cable (acquired compliance control-testing software). The platform connects fintech clients with a network of sponsor banks including Coastal Community, Regent, TransPecos, Lincoln Savings, Stearns, and First Internet Bank in the United States, plus National Bank of Canada for Canadian coverage, and supports cross-border demand from Latin American fintechs including BTG Pactual and Flutterwave.

Name

Synctera

Legal name

Synctera, Inc.

Website

https://synctera.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Synctera is a banking-as-a-service platform that enables fintech companies and community banks to launch and scale embedded banking products through unified APIs covering accounts, cards, payments, compliance, and ledger management across the US, Canada, and Latin America.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computer Systems Design and Related Services (54151)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

akta.pro secondary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

Keywords

• Banking-as-a-service platform
• Embedded finance infrastructure
• Sponsor bank programs
• Payment orchestration APIs
• Compliance automation software

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform Subscription (SaaS): Recurring platform fees from FinTechs, embedded banking companies, and sponsor banks for access to the Synctera Platform, APIs, Console, and compliance tooling.
2. Interchange Revenue: Revenue share from card transactions processed through debit, credit, smart charge, and fleet card programs powered by the platform. Earned on every card purchase.
3. Money Movement / Payment Fees: Usage-based fees on ACH transfers, wires, instant payments, push-to-card, and external payments orchestrated through SyncteraPay.
4. Account-Based / Program Fees: Recurring fees per managed account, per active program, or per end user as the platform scales, as referenced in product growth discussions (revenue doubled YoY while headcount flat).

Pricing tiers

Go-to-market motion5 records

Distribution channels5 records

Marketing channels10 records

Core offering

Synctera provides a unified Banking-as-a-Service (BaaS) platform consisting of configurable banking and payments APIs, a Synctera Ledger data layer, and a Synctera Console operations interface. The platform enables FinTechs, embedded-banking companies, and sponsor banks to launch and scale bank accounts, debit/credit/charge/fleet cards, money-movement services, and compliance programs without building core banking infrastructure from scratch. It also includes SyncteraPay for external payments orchestration and the Cable automated compliance control testing product acquired in April 2026.

Product overview

Synctera offers a unified embedded finance and Banking-as-a-Service (BaaS) platform composed of a core banking and payments API set, a Synctera Ledger data layer, and a Synctera Console operations UI, onto which modular product offerings are attached. The product portfolio includes the Synctera Platform (core), Synctera Ledger, Synctera Console, Bank Accounts & Digital Wallets, Cards (encompassing Synctera Debit, Synctera Credit, Synctera Smart Charge, and Synctera Fleet Card), Money Movement, SyncteraPay, the White-Label UX Suite, the Risk & Compliance module (containing Synctera Insights and Synctera Cases), the recently acquired Cable compliance testing product, the t-minus10 launch experience, the Liftoff program for neobanks, and Synctera Fraud. Together these products let sponsor banks, FinTechs, and embedded-banking programs launch and scale accounts, cards, payments, and compliance workflows in the US, Canada, and Latin America.

Differentiator

Problem solved

Functional benefit

Products and services

• Synctera Platform Modern banking-as-a-service platform providing a complete set of configurable banking and payments APIs and a centralized console that streamlines compliance, operations, and oversight for sponsor banks, FinTechs, and embedded-banking programs.
• Bank Accounts & Digital Wallets Product module for opening, funding, and managing customer bank accounts and digital wallets. Supports multiple account types, dedicated program accounts, external account funding, and flexible payment methods including ACH, wires, and instant payments.
• Cards (Debit, Credit, Smart Charge, Fleet) Card issuance and processing module supporting four card types: Synctera Debit Card, Synctera Credit Card (revolving), Synctera Smart Charge Card (secured/unsecured), and Synctera Fleet Card with Level 2/3 data, fleet-BIN, and card controls. Supports physical, virtual, and tokenized digital wallet cards.
• Money Movement Module providing a full suite of integrated payment rails (ACH, wires, internal transfers, instant payments) plus external payments via SyncteraPay. Enables account funding, spending/receiving, and transferring funds to others.
• SyncteraPay External payments product allowing use of any external payment provider with built-in fraud and risk monitoring, centralized reconciliation on the Synctera Ledger, and fee savings.
• Cable Automated regulatory and compliance control testing platform with AI-powered workflows that automatically extract data from unstructured compliance artifacts and test against regulations, procedures, or custom controls. Independently verifies KYC, AML, transaction monitoring, and other compliance controls for banks and FinTechs.

Quantifiable outcome

• Increases customer lifetime value by up to 5x (cited from a16z Fintech Scales Vertical SaaS report)
• +4 more outcomes

Named customers23 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration25 records

AI capability8 records

Feature9 records

Partnerships

39 partnerships are on record, tiered acquired / flagship partner, strategic customer partner, flagship customer partner, flagship strategic partner, core sponsor bank partner, flagship sponsor bank partner, sponsor bank partner, sponsor bank partner and investor, core technology partner, strategic technology partner and technology partner.

• Cableacquired / flagship partnerStrategic or Co-development Partner · 14 April 2026Synctera acquired Cable on April 14, 2026. Cable is an automated control testing platform that enables banks to verify FinTech compliance in real time across KYC, AML, and transaction monitoring. The Cable product continues to operate as a standalone offering while being natively integrated into the Synctera Platform as an additional compliance layer. The Cable team has joined Synctera.
• Alpha Modus Holdings (AlphaCash)strategic customer partnerStrategic or Co-development Partner · 17 November 2025Alpha Modus Holdings announced a strategic partnership with TransPecos Banks and Synctera in November 2025 to launch its AlphaCash prepaid debit program in early 2026. The collaboration provides financial services via a mobile app and retail kiosks for the underbanked US population.
• BTG Pactualflagship customer partnerStrategic or Co-development Partner · 4 March 2024BTG Pactual, Latin America's largest investment bank, announced a strategic partnership with Synctera in March 2024 for international wealth management. BTG Pactual used Synctera to launch US banking and investment products for their retail clients in Brazil, including a US debit card program. BTG Pactual is also a customer featured on the Synctera website.
• Flutterwavestrategic customer partnerStrategic or Co-development Partner · 4 March 2024Flutterwave announced a strategic partnership with Synctera in March 2024 for international payments technology. The partnership supports Flutterwave's expansion into new markets using Synctera's embedded banking platform.
• National Bank of Canadaflagship strategic partnerStrategic or Co-development PartnerNational Bank of Canada partnered with Synctera in March 2023 to support Synctera's expansion into the Canadian market. National Bank serves as a Canadian sponsor bank for Synctera-powered FinTech products in Canada. The partnership was accompanied by a $15M strategic investment from its corporate venture arm NAventures.
• Coastal Community Bankcore sponsor bank partnerStrategic or Co-development PartnerCoastal Community Bank is a sponsor bank partner using Synctera's BaaS platform to scale its FinTech partnership program. The bank leverages Synctera to better manage operations and compliance of its FinTech partnership program. Synctera also expanded its relationship with Coastal Community Bank in 2025.
• Regent Bankflagship sponsor bank partnerStrategic or Co-development PartnerRegent Bank is a community bank based in Tulsa, Oklahoma, that partnered with Synctera to build a sustainable sponsor banking program. The partnership increased deposits and generated additional fee income for Regent Bank.
• TransPecos Bankscore sponsor bank partnerStrategic or Co-development PartnerTransPecos Banks joined as a new sponsor bank partner in October 2025, supporting embedded finance programs including the AlphaCash prepaid debit program with Alpha Modus.
• Lincoln Savings Banksponsor bank partnerStrategic or Co-development PartnerLincoln Savings Bank joined as a new sponsor bank partner in October 2025, expanding Synctera's bank network.
• Midland States Banksponsor bank partner and investorStrategic or Co-development PartnerMidland States Bank is a sponsor bank partner for Synctera's BaaS platform and also a participating investor. It is listed as both a bank partner and a logo on the Synctera investor page.
• Veritex Community Banksponsor bank partner and investorStrategic or Co-development PartnerVeritex Community Bank is a sponsor bank partner for Synctera's BaaS platform and also a participating investor in the $15M round led by NAventures. Listed on the Synctera investor page.
• Emigrant Banksponsor bank partner and investorStrategic or Co-development PartnerEmigrant Bank is a sponsor bank partner for Synctera's BaaS platform and also a participating investor in the $15M round led by NAventures.
• Community Federal Savings Bank (CFSB)sponsor bank partnerStrategic or Co-development PartnerCommunity Federal Savings Bank signed on as a sponsor bank partner for Synctera's BaaS platform.
• Stearns Banksponsor bank partnerStrategic or Co-development PartnerStearns Bank, a banking-as-a-service veteran, partnered with Synctera to support its banking programs.
• First Internet Banksponsor bank partnerStrategic or Co-development PartnerFirst Internet Bank expanded its Banking-as-a-Service capabilities through a partnership with Synctera.
• Plaidcore technology partnerTechnology or IntegrationPlaid is a technology integration partner in the Synctera Partner Ecosystem, providing APIs for connecting consumer financial accounts and data. Listed under Payments category.
• Marqetacore technology partnerTechnology or IntegrationMarqeta is a card issuing and payment processing platform partner in the Synctera Partner Ecosystem under the Cards category. Synctera previously signed Marqeta and Mastercard as new partners alongside its Card API launch.
• Visacore technology partnerTechnology or IntegrationVisa is a global payments network partner in the Synctera Partner Ecosystem under the Cards category, offering secure digital commerce tools.
• Socurecore technology partnerTechnology or IntegrationSocure is an AI-driven digital identity verification and fraud prevention partner in the Synctera Partner Ecosystem under the Customer Onboarding category. Synctera previously signed CheckAlt and Socure as latest partners.
• Moneypass (Fiserv)strategic technology partnerTechnology or IntegrationMoneypass (Fiserv) is a surcharge-free ATM network partner in the Synctera Partner Ecosystem. Synctera announced seamless access to surcharge-free ATMs through MoneyPass from Fiserv to enable its customers to increase account usage.
• CheckAlttechnology partnerTechnology or IntegrationCheckAlt is a mobile remote deposit capture (MRDC) and other check services partner in the Synctera Partner Ecosystem under the Payments category. Synctera previously signed CheckAlt and Socure as partners.
• Finixtechnology partnerTechnology or IntegrationFinix is a payments infrastructure partner in the Synctera Partner Ecosystem for seamless acquiring and payout products. Synctera previously launched Synctera Card and Synctera Fraud alongside Plaid, Feedzai, and Finix as new partners.
• MXtechnology partnerTechnology or IntegrationMX is a data aggregation and financial insights platform partner in the Synctera Partner Ecosystem under the Payments category.
• LoanProstrategic technology partnerTechnology or IntegrationLoanPro is a loan servicing and management software partner in the Synctera Partner Ecosystem. Synctera announced a partnership with LoanPro to provide a unified platform for building banking and credit card products.
• Armada Labstechnology partnerTechnology or IntegrationArmada Labs is a banking UI components partner in the Synctera Partner Ecosystem under Development Agencies, accelerating FinTech app development. Synctera announced a partnership with Armada Labs and Velmie to enable custom and turn-key front-end banking experiences.
• Velmietechnology partnerTechnology or IntegrationVelmie is a custom digital banking UX and front-end development firm partner in the Synctera Partner Ecosystem under Development Agencies. Synctera announced a partnership with Armada Labs and Velmie to enable custom and turn-key front-end banking experiences.
• TabaPaytechnology partnerTechnology or IntegrationTabaPay is an instant payments and real-time disbursement platform partner in the Synctera Partner Ecosystem under the Payments category.
• Pinwheeltechnology partnerTechnology or IntegrationPinwheel is a payroll data API partner in the Synctera Partner Ecosystem, enabling real-time income verification.
• Sardinetechnology partnerTechnology or IntegrationSardine is a fraud and risk mitigation tools partner in the Synctera Partner Ecosystem under Fraud & AML, providing secure financial operations.
• Hawk (Hawk AI)technology partnerTechnology or IntegrationHawk is an AI-powered AML, fraud detection, and transaction monitoring partner in the Synctera Partner Ecosystem under Fraud & AML.
• RiskScouttechnology partnerTechnology or IntegrationRiskScout is a BSA/AML compliance and monitoring platform partner in the Synctera Partner Ecosystem under Fraud & AML.
• Middesktechnology partnerTechnology or IntegrationMiddesk is an automated business verification and risk assessment platform partner in the Synctera Partner Ecosystem under Customer Onboarding.
• Methodtechnology partnerTechnology or IntegrationMethod is an API for consumer credit connectivity and embedded payments partner in the Synctera Partner Ecosystem.
• Arroweyetechnology partnerTechnology or IntegrationArroweye is an on-demand card manufacturing and printing partner in the Synctera Partner Ecosystem under Cards.
• Giesecke+Devrienttechnology partnerTechnology or IntegrationGiesecke+Devrient is a secure card printing, identity, and digital payment solutions partner in the Synctera Partner Ecosystem under Cards.
• Bloom Credittechnology partnerTechnology or IntegrationBloom Credit is a credit data and decisioning tools partner in the Synctera Partner Ecosystem under Credit, expanding credit access.
• Feedzaitechnology partnerTechnology or IntegrationFeedzai is a fraud and AML technology partner. Synctera previously launched Synctera Card and Synctera Fraud alongside Plaid, Feedzai, and Finix as new partners.
• Blazetechnology partnerTechnology or IntegrationBlaze is an automation platform partner in the Synctera Partner Ecosystem under Security, providing compliance and licensing management.
• PentestIQtechnology partnerTechnology or IntegrationPentestIQ is a security testing and vulnerability assessments partner in the Synctera Partner Ecosystem under Security, serving FinTechs.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Mambu: Mambu is a cloud-native core banking platform used by challenger banks, lenders, and FinTechs to build account, deposit, and lending products. It overlaps with Synctera's core banking and ledger capabilities but serves a broader incumbent set of banks and FinTechs.
• Galileo Financial Technologies: Galileo (owned by SoFi) is a large-scale payments and card issuing infrastructure platform powering neobanks and FinTechs. It overlaps with Synctera's card issuing and core processing capabilities but operates at much greater scale with a broader incumbent footprint.
• Thought Machine: Thought Machine provides a cloud-native core banking engine (Vault) used by banks and FinTechs to build modern deposit and payment products. It competes with Synctera at the core banking infrastructure layer, primarily serving Tier 1 and Tier 2 banks globally.
• Stripe Treasury: Stripe Treasury extends Stripe's payments platform into embedded banking-as-a-service, allowing platforms to offer FDIC-insured accounts. It is a broader incumbent competitor with deep capital and reach that competes with Synctera for embedded banking use cases.
• Finastra: Finastra is a large incumbent financial software provider offering core banking, lending, payments, and treasury platforms to banks globally. It is a broader incumbent competitor in the bank technology stack that Synctera's sponsor bank partners may also use or replace.

Others

• Pipefy: Pipefy is a workflow and process automation platform serving financial services operations. While not a direct BaaS competitor, it overlaps thematically with Synctera's compliance automation and case management workflows (similar to its Cable-acquired capability).

Direct peers

• Unit: Unit is a banking-as-a-service platform purpose-built for embedded finance, offering account, card, payment, and ledger infrastructure with sponsor bank integrations. It is a direct head-to-head competitor to Synctera in the U.S. FinTech and embedded banking market.
• Treasury Prime: Treasury Prime is a BaaS platform connecting FinTechs with sponsor banks via APIs for accounts, payments, and compliance. It was a direct competitor to Synctera before being acquired by Mastercard in 2024, validating the category and BaaS competition.

Emerging players

• Marqeta: Marqeta is a modern card issuing and payment processing platform. While it is also a Synctera partner, its direct card-issuing API overlaps with Synctera's card programs for FinTechs that prioritize card issuance without a full bank account stack.
• Column (formerly Narmi): Column is a sponsor-bank-as-a-service platform enabling banks to offer embedded banking products to FinTechs. It competes with Synctera in the sponsor bank program layer, particularly for U.S. community and regional banks looking to launch BaaS programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/synctera
• LinkedInlinkedin.com/company/synctera
• Facebookfacebook.com/Synctera

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors27 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synctera