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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
Fin Capital and Diagram co-led the Series A extension round, which brings Synctera’s total equity raised since its 2020 inception to $94 million. What we witnessed with Synapse and Evolve clearly didn’t follow that approach, which was, and is, horrible to see the massive impact on real people and their money,” he added. Recently Synctera also inked a strategic partnership with Hawk, a company that uses artificial intelligence to fight financial crimes such as money laundering.
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