Synctera

Synctera is a US banking-as-a-service company based in San Francisco. Companies use it to build their own financial products, such as deposit accounts, digital wallets, debit and credit card programs, and money movement, on top of regulated partner banks. Synctera itself is not a bank. Its API covers customer records for both people and businesses, KYC and KYB verification, document checks, card issuing and activation, ACH payments, real-time internal transfers, scheduled payments, mobile check deposits and disclosures. Synctera Ledger is the book of record, and reconciliation automatically matches over 95 percent of transactions across Synctera's ledger, the sponsor bank's ledger and ACH network files. Spend-control updates in 2026 added limits by payment type, time window, transaction count and geography. Developers get a sandbox, and a shared Console gives the fintech and its sponsor bank one place for oversight. The company acquired Cable, a compliance-testing product. The best fit is fintech startups, software platforms adding embedded banking, and banks running sponsor programs. It is not accounting software for an ordinary finance team. Pricing is not published. According to TechCrunch, revenue comes from monthly platform fees, usage fees for ledgers, accounts, transactions, fraud monitoring and KYC, a share of card interchange, and interest on deposits. Public customers include Bolt, Webull, Fruitful and Firstcard. The main limitations are its size and how little independent evidence exists. In March 2025 it had about 90 staff and 31 customers. It operates mostly in North America, and review sites have almost no user reviews.