# Synctera

> Banking-as-a-service infrastructure combining accounts, cards and payments with bank-partner oversight, reconciliation and automated compliance testing.

## Why it is interesting

Synctera disclosed $24.5M of new financing on November 6, 2026 and $126.7M company-reported cumulative funding, without naming a round stage or valuation. Its commercial distinction is an independent ledger, multi-bank distribution and Cable continuous compliance testing; its upcoming Synctera Labs package publishes unusually concrete banking-platform pricing and limits.

## Profile

- **Latest funding:** New financing (stage/instrument undisclosed) — $24.5M (November 6, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $91M
- **Stage:** growth
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-11-08
- **Latest funding investors:** Multiplier Capital, Fin Capital, 1st & Main Growth Partners, Diagram, NAventures

## Key facts

- November 6, 2026: $24.5M new financing; $126.7M cumulative company-reported funding. New money's stage, instrument and valuation were not disclosed.
- Eight active sponsor banks announced, with two additional banks still implementing; signed customers are not necessarily live programs.
- 20 new fintech clients signed in 2026, according to the company; doubled GMV and interchange are activity metrics, not net revenue.
- Cable compliance-testing platform acquired April 14, 2026; tests KYC, AML and transaction controls continuously rather than relying solely on periodic samples.
- Synctera Labs published at $60K/year prepaid plus a $10K prefunded fraud-loss reserve and usage fees. The reserve's refundability is not established by public terms. Initial programs planned for February 2027, not yet live.

## Funding history

- New financing (stage/instrument undisclosed) · $24.5M · November 6, 2026
  Source: https://www.synctera.com/news/synctera-raises-24-5m-as-demand-accelerates-and-banks-return-to-baas-and-embedded-finance
- Series A extension · $15M · March 11, 2025
  Source: https://www.synctera.com/news/banking-as-a-service-leader-synctera-raises-15m-and-signs-bolt-its-largest-customer-to-date
- Series A-1 extension · $18.6M · March 4, 2024
  Source: https://www.synctera.com/news/synctera-announces-18-6m-funding-boost-appoints-new-cro-to-support-largest-new-customers-us-expansions
- Series A · $33M · June 2, 2021
  Source: https://www.synctera.com/news/synctera-raises-33m-series-a-accelerates-growth-following-record-demand-from-community-banks-and-fintechs

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 8, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/synctera