Startup profile · funding coverage
Synapse
Synapse was a banking-as-a-service API platform for fintechs before filing for bankruptcy in April 2024.
Stage
See coverage
Status
private
Coverage
full
Why Synapse is interesting
Synapse's collapse stranded fintech end-user funds and exposed BaaS reconciliation risks — a cautionary tale despite a16z leading its $33M Series B.
Key facts
- Series B (Jun 2019): $33M led by a16z; Trinity Ventures and Core Innovation Capital participated — TechCrunch
- Banking-as-a-service platform; filed for bankruptcy Apr 2024 after reconciliation failures — Wikipedia, Yale Journal
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24
Investors in our directory
Funds linked from Synapse's profile — open a fund page for stage focus and related deal articles.
Industries
Generalist Technology
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Related funding articles
Venture Capital Tracker pieces that cover Synapse's financing or category context.
Last updated: 2026-07-24