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Synapse Financial Technologies Inc.

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Year established

2014

Location

San Francisco CA US

Primary Industry

Software

About

Founded in 2014 by co-founders Sankaet Pathak and Bryan Keltner and based in California, US, Synapse Financial Technologies Inc. is a provider of a banking platform for payment, deposit, lending, and investment products as application programming interfaces (APIs) to FinTech companies. In April 2024, TabaPay, Inc., a portfolio company of SB Investment Advisers, acquired Synapse Financial Technologies Inc. from Andreessen Horowitz, 500 Globals, 9Yards Capital, Core Innovation Capital, and Trinity Ventures.  Synapse offers a deposit hub catered to businesses looking to create neobanking services. It facilitated the launch of interest-bearing checking and savings accounts, branded or virtual cards, and a full suite of payment systems, all manageable through a few API calls. The company also offers a credit hub to build credit experiences tailored to the customer base by creating products like credit cards, open loans, revolving loans, one-time loans, and cash advances. The company’s user-friendly, API-first platform for streamlined integration allowed businesses to deploy financial products and services.
Current Investors
Trinity Ventures, Core Innovation Capital

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Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.synapsefi.com
Verticals
Blockchain, FinTech, FinTech
Company Stage
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Total Amount Raised
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