About Synctera
Synctera is a company based in San Francisco (United States) founded in 2019.. Synctera has raised $95.17 million across 5 funding rounds from investors including Mastercard, Veritex Bank and National Bank of Canada. The company has 58 employees as of December 31, 2021. Synctera offers products and services including APIs, Ledger, and Console. Synctera operates in a competitive market with competitors including Fiserv, Signifyd, ThreatMetrix, Riskified and Socure, among others.
- Headquarter San Francisco, United States
- Employees 58 as on 31 Dec, 2021
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
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Website
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Social
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- Legal Name Synctera Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$95.17 M (USD)
in 5 rounds
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Latest Funding Round
$15 M (USD), Series A
Nov 15, 2024
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Investors
Mastercard
& 27 more
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Employee Count
58
as on Dec 31, 2021
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Products & Services of Synctera
Synctera offers a comprehensive portfolio of products and services, including APIs, Ledger, and Console. 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.
Set of configurable tools for banking and payments integration
Central system for tracking banking data and transactions
Interface for workflows and compliance streamlining
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Funding Insights of Synctera
Synctera has successfully raised a total of $95.17M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in November 2024. 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 Total Funding
- Total Rounds 5
- Last Round Series A — $15.0M
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First Round
First Round
(08 Dec 2020)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Synctera | Valuation | Fin Capital , Diagram Ventures | |
| Mar, 2024 | Amount | Series A - Synctera | Valuation | National Bank of Canada , Popular | |
| Mar, 2023 | Amount | Series A - Synctera | Valuation | NAventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Synctera
Synctera has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mastercard, Veritex Bank and National Bank of Canada. 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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Venture capital firm focused on fintech and B2B SaaS companies
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Founded Year | Domain | Location | |
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Provider of a private equity investment firm
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Synctera
| 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 - Synctera
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Synctera Comparisons
Competitors of Synctera
Synctera 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, Signifyd, ThreatMetrix, Riskified and Socure, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified financial solutions for business processing and management are provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Fraud prevention and context based authentication solution
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
AI-based identity verification and fraud detection are provided.
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| domain | founded_year | HQ Location |
Software platforms for telecommunications, digital payments, and experiences are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Synctera
Frequently Asked Questions about Synctera
When was Synctera founded?
Synctera was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Synctera located?
Synctera is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Synctera a funded company?
Synctera is a funded company, having raised a total of $95.17M across 5 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Dec 08, 2020.
How many employees does Synctera have?
As of Dec 31, 2021, the latest employee count at Synctera is 58.
What does Synctera do?
Synctera was founded in 2019 and is headquartered in San Francisco, United States. Banking software solutions are offered to financial institutions, supporting implementations of KYC and AML compliance, fraud monitoring, reconciliation, and ledger management. Additional services include crypto and cannabis banking options, debit card processing, and account management, all within the fintech sector.
Who are the top competitors of Synctera?
What products or services does Synctera offer?
Synctera offers APIs, Ledger, and Console.
Who are Synctera's investors?
Synctera has 28 investors. Key investors include Mastercard, Veritex Bank, National Bank of Canada, Banco Popular, and Lightspeed Venture Partners.