What is Synctera?
Launched in 2020, Synctera operates as a comprehensive banking and payments platform designed to empower companies in building and scaling innovative financial products. The platform provides businesses with the necessary tools and infrastructure to create bespoke banking solutions, while simultaneously equipping sponsor banks with the capabilities to manage compliant partnerships. Synctera's offering addresses a critical need in the market for flexible and robust financial technology infrastructure, positioning it as a key player in the fintech ecosystem.
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 Alexa von Tobel, Diagram, Max Levchin, Lightspeed LLC, Zachary Perret, and Henry Ward
Series A (2021): $33M led by Gaingels, Fin Venture Capital, and Mastercard
Other Financing Round (2023): $15M supported by National Bank, The Banc Funds, and Emigrant Bank Fine Art Finance
Series A (2024): $18.6M featuring Banco Popular, Diagram Capital, Naventure, Mana Ventures, Fin Capital, and Lightspeed
Other Financing Round (2025): $15M backed by True Equity Wealth Management, Fin Capital, and Diagram
Key Investors in Synctera
True Equity Wealth Management
True Equity Wealth Management LLC is a registered investment advisory firm specializing in financial planning and investment management for high-net-worth individuals and business owners. They focus on ethical practices and personalized service, partnering with Dimensional Fund Advisors for investment portfolios.
Diagram
Diagram is a Quebec-based venture builder that conceives, launches, and invests in innovative technology companies. They provide capital, hands-on support, and an ecosystem of partners to scale businesses, with a strong commitment to regional economic development.
Gaingels
Gaingels is a leading investment syndicate supporting the LGBTQ community and allies in venture capital. They invest in companies with LGBT founders and inclusive teams across various sectors, deploying capital since 2014.
What's next for Synctera?
The recent major strategic investment in Synctera suggests a trajectory focused on expanding its market reach and enhancing its technological capabilities. With a foundation built on facilitating financial innovation, the company is poised to leverage this capital for further product development, strategic partnerships, and scaling its operational capacity. The enterprise-level funding context indicates a strong market validation and confidence in Synctera's business model, likely enabling it to pursue ambitious growth objectives and solidify its position in the competitive fintech landscape.
See full Synctera company page
