About Synapsys
Synapsys is a company based in Sri Jayawardenepura Kotte (Sri Lanka) founded in 2006 was acquired by Acronis in April 2021.. Synapsys offers products and services including Core Banking Suite, Data Analytics Tools, Inward Remittance Solution, and Customized Software Development. Synapsys operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
- Headquarter Sri Jayawardenepura Kotte, Sri Lanka
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Synapsys Ltd
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Products & Services of Synapsys
Synapsys offers a comprehensive portfolio of products and services, including Core Banking Suite, Data Analytics Tools, Inward Remittance Solution, and Customized Software Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Suite for core banking applications and support services.
Tools for business intelligence and data analysis in finance.
Platform for managing remittances and mobile wallets.
Services for custom applications and legacy migrations.
Funding Insights of Synapsys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Synapsys
Synapsys has secured backing from 1 investor. Prominent investors backing the company include Acronis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based enterprise management solutions including backup and recovery are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Synapsys
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Synapsys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Synapsys Comparisons
Competitors of Synapsys
Synapsys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified financial solutions for business processing and management are provided.
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Software platforms for telecommunications, digital payments, and experiences are provided.
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Banking and payments solutions are provided through a dedicated platform.
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Digital solutions for mortgage and consumer lending are provided.
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Digital payment solutions and enterprise software platforms are provided.
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API-enabled open banking platform is provided for financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Synapsys
When was Synapsys founded?
Synapsys was founded in 2006.
Where is Synapsys located?
Synapsys is headquartered in Sri Jayawardenepura Kotte, Sri Lanka. It is registered at Sri Jayawardenepura Kotte, Western Province, Sri Lanka.
What does Synapsys do?
Synapsys provides software solutions to the banking, retail payments, capital markets and insurance industry. For banks, it offers a core banking solution, mobile banking solution, internet banking solution, loan origination solution and agency banking solution. The company offers a remittance solution mobile wallet platform and a meeting workflow management solution. Also offers a solution for margin trading business and data analytics and business intelligence tools.
Who are the top competitors of Synapsys?
What products or services does Synapsys offer?
Synapsys offers Core Banking Suite, Data Analytics Tools, Inward Remittance Solution, and Customized Software Development.
Who are Synapsys's investors?
Synapsys has 1 investor. Key investors include Acronis.
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