BaaS startup Synctera raises $15M, signs Bolt as a customer

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The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively.

Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards, and payment products, said CEO and co-founder Peter Hazlehurst.

Fin Capital and Diagram co-led the Series A extension round, which brings Synctera’s total equity…



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BaaS startup Synctera raises $15M, signs Bolt as a customer


The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively.

Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards, and payment products, said CEO and co-founder Peter Hazlehurst.

Fin Capital and Diagram co-led the Series A extension round, which brings Synctera’s total equity…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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