About Synchrony
Synchrony is a publicly listed company based in Salem (United States) founded in 1993, and was acquired by Dresser-Rand in December 2011. Synchrony is engaged in providing credit cards and banking services. It operates on a Commission-Based, Brokerage / Intermediation, and Subscription Services model. Synchrony has raised $25 million across 6 funding rounds from investors including Dresser-Rand and Third Security. The company has 20,000 employees. Synchrony has completed 5 acquisitions, including Allegro Credit, GPShopper and Loop Commerce. Its chief executive, as recorded, is Tom Quindlen. Its website synchrony.com draws about 41.4 million monthly visits. Synchrony offers products and services including Synchrony Credit Cards, Synchrony Bank Savings, CareCredit, and Synchrony Marketplace. Its focus areas include Financials, Banking, Consumer Banking and Credit Services. Its legal entity is Synchrony Bank. Its competitors include PayPal, Zscaler and Chainalysis; 3 of its 3 listed competitors have raised funding.
Company details
Synchrony is involved in offering a range of financial solutions including credit cards, retail financing, and banking products. High yield savings accounts, money market accounts, and CDs are provided through Synchrony Bank. Specialized credit cards such as Synchrony HOME, Car Care, and CareCredit for healthcare financing are offered. The company also operates a marketplace for deals and financing options across various retail categories. Services are extended to both individual consumers and businesses, focusing on flexible payment solutions and FDIC-insured products. Sectors served include retail, healthcare, and automotive industries.
- Headquarters Salem, United States
- Employees 20,000
- Stage Public
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Phone•••• ••••
- Website synchrony.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Dresser-Rand (Dec 2011)
- Legal Name Synchrony Financial
- Annual Revenue$19.12 B (USD)-7.91as on Dec 31, 2025
- Net Profit$3.55 B (USD)1.51as on Dec 31, 2025
- EBITDA$11.01 B (USD)-11.45as on Dec 31, 2025
- Total Equity Funding$25M (USD)
in 6 rounds
- Latest Funding Round$750M (USD), Debt – Conventional
Jul 2019
- InvestorsDresser-Rand
& 1 more
- Employee Count20,000
- Investments & AcquisitionsAllegro Credit
& 4 more
- Acquired byDresser-Rand
(Dec 2011)
Products & Services of Synchrony
Synchrony offers a comprehensive portfolio of products and services, including Synchrony Credit Cards, Synchrony Bank Savings, CareCredit, and Synchrony Marketplace.
Credit cards are offered for retail financing solutions.
High yield savings accounts are provided for customers.
Financing for health and wellness costs is offered.
Deals and financing options are provided for shoppers.
Apps and channels of Synchrony
its YouTube channel CareCredit has 15.2K subscribers and 30 videos.
Videos from Synchrony
The most watched videos on Synchrony's YouTube channel, CareCredit (15.2K subscribers). Click a video to play it here.
More on CareCredit.
Funding Insights of Synchrony
Synchrony has successfully raised a total of $25M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $750 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25M
- Total Rounds 6
- Last Round Debt – Conventional — $750M
- First Round $5M
(Jun 2006)
- Investors Count 1
All 6 funding rounds of Synchrony with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $750M | Debt – Conventional | – | – | – |
| Mar 2011 | $5M | Debt – Conventional | – | – | – |
| Aug 2010 | Debt – Conventional | – | – | – | |
| Jan 2010 | $10M | Series C | – | Third Security | – |
| Jun 2007 | $10M | Series B | – | Third Security | – |
| Jun 2006 | $5M | Series A | – | Third Security | – |
2 investors in total: 2 institutional.
Investors in Synchrony
Synchrony has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dresser-Rand and Third Security.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Late-stage venture capital is provided to US life sciences companies. | thirdsecurity.com | Radford, United States | ||
Engineering solutions provider | 1987 | dresser-rand.com | Houston, United States |
Investor details for Synchrony
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People of Synchrony
911 people are tracked at Synchrony (506 in leadership, 10 in board & advisors, 395 in team); the tracked headcount is 20,000.
| Name | Role | Group |
|---|---|---|
Tom Quindlen | CEO | Leadership |
Jason van Langen | VP - Credit: Healthcare Expansion & Network Management | Leadership |
Pramod Nayak | Vp, Sourcing, Technology | Leadership |
John Hodge | VP Platform Engineering Product Owner | Leadership |
Nisha Sheth | Vice President, Sr. Product Marketing Manager | Leadership |
Chaitanya Sagar | Vice President (l12), Business Process Improvement | Leadership |
Neeraj Goyal | VP Credit Modeling | Leadership |
Sally Cummings | VP IT Business Relationships And Innovations | Leadership |
Yogi Srivastava | Vp, Analytics - Wellness Expansion | Leadership |
Van Dinh | Vp, Digital Integration And Ops Enablement Leader | Leadership |
Krishna Kommu | Director - Product And Strategy | Leadership |
Venus Bivins Johnson | Vp, Digital Personalization | Leadership |
Maddy Adler | VP - Client Development Manager - Digital Retail | Leadership |
Joe Sauer | Vp, Enterprise Strategy And M&a | Leadership |
Brian J. Wenzel Sr. | CFO | Leadership |
Brian Doubles | CEO & President | Leadership |
Dawn Zaremba | Vp, Marketing | Leadership |
Michael McKenzie | Practice Development Director | Leadership |
Lymari Zayas | VP HOME Marketing | Leadership |
Sujhoy Chanda | VP - Information Security | Leadership |
891 more people are available in the full profile.
Complete people profiles for Synchrony
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IPO & Listings of Synchrony
Synchrony is a publicly listed company on the NYSE with ticker symbol SYF in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Jul 2014
- Listed onNYSE: SYF
- Listed entitySynchrony Financial
- Exchange sectorFinance
- ISINUS87165B1035
- Share price$73.59 (-0.04% on the day) · 2026-10-13
- Market capitalisation$23.94B
- Price to earnings7.5
- EPS (diluted, trailing year)$9.75
- Dividend yield1.68%
- Volume (last session)2,618,935
Financials of Synchrony
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $19.12B | $3.55B | $11.01B |
| 2024 | $20.76B | $3.50B | $12.44B |
| 2023 | $17.34B | $2.24B | $9.92B |
| 2022 | $13.20B | $3.02B | $8.21B |
| 2021 | $11.22B | $4.22B | $7.03B |
Detailed financial statements for Synchrony
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Synchrony
Synchrony has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Allegro Credit, GPShopper and Loop Commerce.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Omnichannel financing technology platform is provided for retailers. | versatilecredit.com | Mechanicsburg, United States | 1995 | Oct 2025 | •••• | |
Purchase financing is provided for music and healthcare sectors. | allegrocredit.com | San Bruno, United States | 1870 | Jan 2021 | •••• | |
Pet insurance quoting platform | petsbest.com | Boise, United States | 2005 | Mar 2019 | •••• | |
Customizable e-gifting SaaS platform is offered to retailers. | loopcommerce.com | San Francisco, United States | 2012 | May 2018 | •••• | |
Mobile commerce platform and app developer for retailers and brands | gpshopper.com | New York, United States | 2007 | Mar 2017 | •••• |
Complete acquisition details for Synchrony
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Timeline of Synchrony
10 dated milestones of Synchrony across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Synchrony is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Dresser-Rand.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires GPShopper.
- Acquisition Acquires Loop Commerce.
- Acquisition Acquires Pets Best.
- Funding Latest funding round, Debt – Conventional, of $750.0M.
- Acquisition Acquires Allegro Credit.
- Acquisition Acquires Versatile Credit.
Competitors of Synchrony
Synchrony has 3 listed competitors in our database, 3 of them funded. They include PayPal, Zscaler and Chainalysis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| zscaler.com | 2007 | San Jose, United States | $148M | 7,348 | Cybersecurity and zero trust solutions are delivered for secure networks. | |
| chainalysis.com | 2014 | New York, United States | $538.07M | 388 | Blockchain data platform insights for cryptocurrency are delivered. |
Detailed competitors of Synchrony
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Web traffic of Synchrony
The website of Synchrony (synchrony.com) receives about 41.4M visits a month and ranks #874 among all websites worldwide, #42 in Banking Credit and Lending.
- Monthly visits41.4M
▼ 2.6% vs previous month
- Unique visitors16.2M
per month
- Global rank#874
among all websites
- Category rank#42
Finance · Banking Credit and Lending
- Bounce rate30%
- Pages per visit4.8
- Average visit3 min 45 sec
- DevicesDesktop 52% · Mobile 48%
Websites whose visitors overlap most with Synchrony. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capitalone.com | 100% | 148.4M | #178 | View details | |
| citi.com | 99% | 138.9M | #349 | View details | |
| americanexpress.com | 98% | 107.4M | #276 | View details | |
| chase.com | 98% | 198.6M | #125 | View details | |
| discover.com | 98% | 40.3M | #908 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Synchrony
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Related news about Synchrony
Complete news archive for Synchrony
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Frequently Asked Questions about Synchrony
Synchrony was founded in 1993 and raised its 1st funding round 13 years after it was founded.
Synchrony is headquartered in Salem, United States.
Tom Quindlen is the CEO of Synchrony, as recorded in our data.
Synchrony is a funded company, having raised a total of $25M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2006.
Synchrony has 20,000 employees.
Annual revenue of Synchrony is $19.12B as on Dec 31, 2025.
Synchrony is involved in offering a range of financial solutions including credit cards, retail financing, and banking products. High yield savings accounts, money market accounts, and CDs are provided through Synchrony Bank. Specialized credit cards such as Synchrony HOME, Car Care, and CareCredit for healthcare financing are offered. The company also operates a marketplace for deals and financing options across various retail categories. Services are extended to both individual consumers and businesses, focusing on flexible payment solutions and FDIC-insured products. Sectors served include retail, healthcare, and automotive industries.
Synchrony's top competitors include Zscaler, PayPal and Chainalysis.
Synchrony offers Synchrony Credit Cards, Synchrony Bank Savings, CareCredit, and Synchrony Marketplace.
Yes, Synchrony is publicly traded on NYSE under the ticker symbol SYF.
Synchrony has made 5 acquisitions, including Allegro Credit, GPShopper, and Loop Commerce.
Synchrony has 2 investors. Key investors include Dresser-Rand, and Third Security.