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Synctera

Palo Alto, US · Founded 2020 · Delaware corporation · 99 employees on LinkedIn · 19 known investors

Find your way into Synctera

525 people in our graph share verified history with the Synctera team — schools, employers, funds. One of them is your warm intro.

Nic Lowdenunlockedknows Peter Hazlehurst · together at Uber (overlapped)
×2knows the team · via Postmates
×3knows the team · via Uber
knows the team · via Nokia
×5knows the team · via University of Maryland - Robert H. Smith School of Business

Synctera offers a banking-as-a-service platform with a single set of APIs covering core banking, card processing, money movement, and end-user onboarding, so companies can build fintech and embedded finance products. It also provides operational and compliance tooling and connects businesses with sponsor banks in its network.

Also known as Synctera Inc.

Founders & leadership

Synctera was founded in 2020 by Peter Hazlehurst.

PHPeter Hazlehurst
Peter HazlehurstinCo-Founder and CEOExecutive Officer and Director of Synctera, a banking-as-a-service platform providing core banking, card processing, money movement, and onboarding APIs for fintech and embedded finance products.

Board

LALogan Allin
Logan Allinin𝕏Board DirectorManaging Partner & Founder at Fin Capital
FLFrederic Latreille
Frederic LatreilleinBoard directorGeneral Partner at Diagram
WK
William KohlerBoard director
AK
Ansaf KareemBoard director
YB
Yvette ButlerBoard director

Investors · 19

Also in the syndicate · 4

1st & Main Growth PartnersEmigrant BankMidland States BankVeritex Community Bank

Reported raises · per SEC filings

Form D private placements

$58.5M disclosed across 3 of 7 rounds · 2020–2024

$12.8MraisedNov 2024 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Logan AllinDirector
  • Frederic LatreilleDirector
  • Yvette ButlerDirector
  • William KohlerDirector
  • Peter HazlehurstExecutive Officer, Director
Offering amount
$20M
Amount sold
$12.8M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$32.1MraisedJun 2021 · 31 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Logan AllinDirector
  • Peter HazlehurstExecutive Officer, Director
  • Frederic LatreilleDirector
  • Ansaf KareemDirector
Offering amount
$33M
Amount sold
$32.1M
First sale
May 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$13.6MraisedDec 2020 · 32 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ansaf KareemDirector
  • Frederic LatreilleDirector
  • Peter HazlehurstExecutive Officer, Director
Offering amount
$13.6M
Amount sold
$13.6M
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Synctera operates a banking platform that packages the components required to build and run financial products into a single set of APIs, including core banking, card processing, money movement, and end-user onboarding. Its product lines are organized around bank accounts, card programs, and money movement, and it markets solutions for fintech companies, embedded banking programs, developers, and banks.

Alongside the APIs, Synctera supplies an operations and compliance layer: a centralized platform and console for managing operational workflows, program data visibility, reconciliation, risk management, and collaboration between a fintech program and its bank partner. The company also matches customers with sponsor banks in its network based on product vision and timeline, and positions its bank-facing tooling around sponsor oversight and control. Synctera states that it and its featured clients are financial technology companies rather than banks, with banking services provided by partner banks.

Business model

Synctera sells platform access to companies that want to launch banking, card, and payments products, intermediating between those programs and sponsor banks in its network, and also provides oversight and compliance tooling to the banks themselves.

Latest developments

Recent company blog posts mark six years of Synctera, announce Chris Mayor as chief technology officer, and describe Cable joining Synctera.

Full profile — market position, technology, go-to-market

Market position

Positions itself as an end-to-end platform for building and scaling banking products, spanning both the fintech program side and the sponsor bank oversight side.

Emphasizes a complete banking ecosystem in one API set combined with built-in compliance and sponsor-bank oversight tooling, plus bank matchmaking within its partner network.

Technology

A set of APIs covering core banking, card issuing and processing, money movement and account funding, and end-user onboarding, paired with a console and centralized operations platform offering program data visibility, reconciliation, and risk management workflows.

Go-to-market

Direct sales via "talk to our experts" and contact routes on its website, a self-service console for exploration, developer-oriented documentation pages, and content marketing through a company blog and newsletter.

Fintech companies, non-financial brands building embedded banking products, developers, and sponsor banks.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 202699

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Synctera went on to found or lead other companies.

Competitors · 10

by search overlap
Stripe234 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Modern Treasury160 shared keywordsModern Treasury provides a payments infrastructure platform that enables businesses to move and track money across fiat and stablecoin rails through a single API. The company serves enterprises and financial service providers looking to streamline payment operations across multiple currencies, regions, and payment systems.
Capital One122 shared keywordsCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.
Chase113 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Wise109 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
GoCardless108 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Experian107 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
SmartAsset105 shared keywordsFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
Bill.com Holdings, Inc.100 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Cross River Bank92 shared keywordsCross River is a bank that combines traditional banking safety and compliance expertise with technology innovation to provide end-to-end financial solutions for partner companies.

Companies competing with Synctera for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2025
Cable joins Synctera

A company blog post titled "Welcoming Cable to the Synctera Family" indicates Cable became part of Synctera; the post does not state deal terms.

source ↗

Jan 2025
Chris Mayor appointed Chief Technology Officer

Synctera announced Chris Mayor as its new CTO in a blog post titled "Getting Ready for What's Next: Welcome, Chris Mayor, Synctera's New CTO".

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
SyncteraDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Synctera do?
Synctera provides a banking-as-a-service platform and APIs for building and operating fintech and embedded finance products.
Who founded Synctera?
Synctera was founded by Peter Hazlehurst in 2020.
Who are Synctera's investors?
Synctera's investors include Diagram, Evolution Ventures, Fin Capital, Flucas Ventures, NAventures, Neythri Futures Fund, Scribble Ventures, Trajectory Ventures and 7 more.
How much funding has Synctera raised?
Synctera has disclosed $58.5M raised across 3 of its 7 known rounds.
Where is Synctera headquartered?
Synctera is headquartered in Palo Alto, US.