Tech Company Financing Transactions
Synctera Funding Round
Synctera, operating out of San Carlos, secured $24.5 million from Diagram Ventures, Fin Capital and Multiplier Capital.
Transaction Overview
Company Name
Announced On
11/6/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$24,500,000
Round
Undisclosed
Proceeds Purpose
Synctera intends to use the $24.5 million in new capital to strengthen its balance sheet and support its long-term work with sponsor banks and FinTech partners as demand accelerates for Banking-as-a-Service (BaaS) and embedded finance. Specifically, the funds will be allocated toward expanding Synctera's continuous compliance infrastructure (built on its acquisition of Cable and FinCEN-regulated Money Services Business status), scaling its multi-bank network, supporting Synctera Labs, and providing the financial runway required to reach break-even operations.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
120 Wingate Ave.
San Carlos, CA 94070
USA
San Carlos, CA 94070
USA
Phone
Undisclosed
Website
Email Address
Overview
Our story begins a few short years ago when a community bank decided to enter the BaaS market. Immediately, it discovered how limited and resource-draining it was to connect with the world of FinTech.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Hazlehurst
Chief Technical Officer
Kris Hansen
VP - Product Management
Dominik Weisserth
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