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Synapse

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Banking-as-a-service platform enabling fintechs to launch financial products.

About

Synapse operates as a banking-as-a-service platform that offers a range of financial products, including neobanking services, lending solutions, card solutions, global cash accounts, and wealth management tools. The company targets fintech firms of various sizes and provides APIs that enable the launch of financial products such as interest-bearing accounts, digital wallets, and customized loans. Synapse addresses the complexities associated with banking relationships and compliance, which may facilitate quicker market entry for its clients. The platform also focuses on expanding access to credit and providing embedded finance options, with the intention of influencing traditional banking practices and assisting users in navigating the fintech sector.

Key facts

Founded
2014
Tags
  • Embedded Finance

Business model

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Synapse: quick answers

What does Synapse do?
Synapse operates as a banking-as-a-service platform that offers a range of financial products, including neobanking services, lending solutions, card solutions, global cash accounts, and wealth management tools.
Where is Synapse headquartered?
Synapse is headquartered in San Francisco, United States.
When was Synapse founded?
Synapse was founded in 2014.
Which sector is Synapse in?
Synapse operates in Banking Technology, part of Financial Technology.
Who are Synapse's competitors?
Companies similar to Synapse include Synctera, QI Tech, and Decentro.