Synctera raises $24.5 million to support new BaaS demand

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Synctera has raised $24.5 million in new funding to support its work with sponsor banks and FinTechs and respond to growing BaaS demand. The funding will be used to continue strengthening the platform that banks and FinTechs rely on; in April 2026, Synctera acquired Cable, which can continuously test every control at banks, FinTechs, and service providers.