# Synctera

> Synctera supplies the APIs, ledger, operational console, compliance support, and sponsor bank connections that businesses use to launch accounts, cards, and payments. Its customers include fintech companies, businesses embedding financial services, and banks overseeing those programs. It acquired compliance control-testing company Cable in April 2026.

- **Founded:** 2020
- **Headquarters:** San Francisco, United States
- **Founders:** Peter Hazlehurst (Co-founder and CEO), Kris Hansen (Co-founder and original CTO; departed in 2024), Dominik Weisserth (Co-founder and original Head of Product; appointed Chief Banking Officer in 2024)
- **Products:** Synctera Platform, Bank accounts and digital wallets, Card programs, Money movement and SyncteraPay, Line of Credit
- **Notable:** Raised a disclosed $94 million cumulatively by March 2025; the CEO described approximately $100 million raised in March 2026., Expanded into Canada with National Bank of Canada., Acquired Cable on April 14, 2026.

## Products & services

- **Synctera Platform** — Banking APIs, ledger, onboarding, shared operational console, cases, insights, and reconciliation.
- **Bank accounts and digital wallets** — Infrastructure for consumer and business accounts and wallets through sponsor banks.
- **Card programs** — Tools for debit, charge, and credit card products, with issuing and processing integrations.
- **Money movement and SyncteraPay** — ACH, wires, internal transfers, instant funding, push-to-card, and external payment provider integration.
- **Line of Credit** — Lending infrastructure and servicing; a partner bank is lender of record.
- **White-label banking app** — Prebuilt banking interfaces for onboarding, accounts, cards, and payments.
- **Cable** — Automated testing of compliance controls; acquired April 2026 and retained as a standalone product.
- **Synctera Labs** — Planned standard program for real-money embedded finance experiments; first programs expected February 2027.

## Achievements

- Raised a disclosed $94 million cumulatively by March 2025; the CEO described approximately $100 million raised in March 2026.
- Expanded into Canada with National Bank of Canada.
- Acquired Cable on April 14, 2026.
- Named to Parity.org’s 2023 Best Companies for Women to Advance list.

## Latest updates

- **2026-09** — Synctera announced its wholly owned T-10 subsidiary completed FinCEN money services business registration; this is not a bank charter or a license.
- **2026-06** — Chris Mayor joined as CTO after serving as VP of Architecture at Coupa.
- **2026-04** — Cable acquired; deal price not disclosed in the announcement.
- **2026-03** — Six-year anniversary essay described approximately $100 million raised and an ambition to support AI agent banking workflows; profitability remained a target.

## Links

- Website: https://www.synctera.com
- LinkedIn: https://www.linkedin.com/company/synctera/
- Twitter/X: https://twitter.com/synctera
- GitHub: https://github.com/synctera
- Facebook: https://facebook.com/Synctera/

---

Profile page: https://yespress.io/synctera
Published by YesPress — https://yespress.io
Last updated: 2026-10-26