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Synchrony - About the company

Synchrony is a public company based in Salem (United States), founded in 1993. It operates as a White-label credit card provider for consumers and businesses. Synchrony has raised $25M in funding from Third Security.

Company Details

White-label credit card provider for consumers and businesses. It offers deposit products through its subsidiary bank, installment loans, and promotional financing to consumers for elective healthcare procedures or services, such as dental, veterinary, cosmetic, vision, and audiology. It specializes in financial services, consumer finance, payments, promotional financing, installment lending, savings products, and online banking.
Social
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Phone Number
+1 **********
Key Metrics
Founded Year
1993
Location
Stage
Public
Total Funding
$25M in 6 rounds
Employee Count
17 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Public

Synchrony's IPO details

Synchrony got listed on Jul 31, 2014.
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Synchrony's funding and investors

Synchrony has raised a total funding of $25M over 6 rounds. Its first funding round was on 2006. Synchrony has 2 institutional investors.

Here is the list of recent funding rounds of Synchrony:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 31, 2019
6730057
Conventional Debt
2658664
8469867
5330015
8094766
Mar 31, 2011
8808695
Conventional Debt
9013972
6749837
5625222
4473263
Aug 25, 2010
1098705
Conventional Debt
1936355
4496793
1652277
1396275
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Synchrony's founders and board of directors

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Synchrony's employee count trend

Synchrony has 17 employees as of Jul 26. Here is Synchrony's employee count trend over the years:
Employee count trend for Synchrony
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Synchrony's Investments and acquisitions

Synchrony has made 25 investments in companies including Badge Wallet and Badge. Synchrony has also acquired 4 companies including Versatile Credit and Allegro Credit.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 20, 2026
Investments
Vilnius (Lithuania)
Feb 19, 2026
Investments
2023
San Francisco (United States)
Oct 02, 2025
Acquisition
1995
Mechanicsburg (United States)
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Reports related to Synchrony

Here is the latest report on Synchrony's geography:

News related to Synchrony

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Media has covered Synchrony for a total of 59 events in the last 1 year, 38 of them have been about company updates and 5 about partnerships.
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FAQs about Synchrony

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