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Synapse - About the company

Synapse is a series B company based in San Francisco (United States), founded in 2014 by Bryan Keltner and Sankaet Pathak. It operates as a White-label APIs for banking services. Synapse has raised $50.7M in funding from investors like Andreessen Horowitz, Trinity Ventures and Core Innovation Capital, with a current valuation of $*****. The company has 564 active competitors, including 159 funded and 63 that have exited. Its top competitors include companies like Razorpay, Cross River Bank and TrueLayer.

Company Details

White-label APIs for banking services. It offers payment, deposit, lending, and investment products as APIs to fintech businesses that enable them to build and launch financial products. It also offers bank-facing APIs that allow banks to automate back-end operations.
Social
X
Registered Address
San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$50.7M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 01, 2019
Ranked
Employee Count
115 as on May 31, 2026
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Synapse's funding and investors

Synapse has raised a total funding of $50.7M over 3 rounds. Its first funding round was on Apr 01, 2015. Its latest funding round was a Series B round on Jun 06, 2019 for $*****. 4 investors participated in its latest round. Synapse has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Synapse:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 06, 2019
8596382
Series B
1566556
4868124
3367990
6569615
Sep 04, 2018
6406559
Series A
4457285
4998938
9347662
Apr 01, 2015
9662624
Seed
4223098
5432289
7585286
1217333
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Synapse's founders and board of directors

Founder? Claim Profile
The founders of Synapse are Bryan Keltner and Sankaet Pathak. Sankaet Pathak is the CEO of Synapse.
Here are the details of Synapse's key team members:

Synapse's employee count trend

Synapse has 115 employees as of May 26. Here is Synapse's employee count trend over the years:
Employee count trend for Synapse
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Synapse's Competitors and alternates

Top competitors of Synapse include Razorpay, Cross River Bank and TrueLayer. Here is the list of Top 10 competitors of Synapse, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
86/100
2nd
Logo for Cross River Bank
Cross River Bank
2008, Fort Lee (United States), Series D
Platform offering API-driven financial infrastructure
$898M
79/100
3rd
Logo for TrueLayer
TrueLayer
2016, London (United Kingdom), Series E
Open banking platform enabling secure bank-to-bank payments and payouts
$322M
78/100
4th
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
5th
Logo for Tink
Tink
2012, Stockholm (Sweden), Acquired
Provider of open banking platform offering payment services and data enrichment
$359M
73/100
6th
Logo for Galileo
Galileo
2000, Sandy (United States), Acquired
Provider of cloud-based platform for financial technology and digital banking
$85M
72/100
7th
Logo for Solaris
Solaris
2016, Berlin (Germany), Acquired
Provider of banking-as-a-service platform offering digital banking and payment solutions
$736M
72/100
8th
Logo for Bud
Bud
2015, London (United Kingdom), Series B
Developer of open banking API and financial data analysis for businesses
$103M
71/100
9th
Logo for Trustly
Trustly
2008, San Carlos (United States), Acquired
Open banking-enabled payment processing solution for businesses
$28.7M
71/100
10th
Logo for TransBnk
TransBnk
2022, Delhi (India), Series B
Provider of open finance infrastructure for transaction banking and related services
$30M
70/100
40th
Logo for Synapse
Synapse
2014, San Francisco (United States), Series B
White-label APIs for banking services
$50.7M
61/100
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Synapse's Investments and acquisitions

Synapse has made no investments or acquisitions yet.

Reports related to Synapse

Here is the latest report on Synapse's sector:

News related to Synapse

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Media has covered Synapse for a total of 3 events in the last 1 year.
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