Synctera Raises $24.5 Million
Start here
AI-assisted source synthesis · not an independent investigation.
On November 7, 2026, PYMNTS reported that Synctera had raised $24.5 million in new funding, intended to support its collaboration with sponsor banks and fintech companies to address growing demand for banking as a service (BaaS). Synctera said the funds would be used to continue strengthening the platform relied upon by banks and fintech companies. The report also noted that Synctera acquired Cable in April 2026; Cable can continuously test the controls of banks, fintech companies, and service providers.
AI-written from reports · updated 49 minutes ago
Timeline
Follow the reporting to see the different sides of the story.
- PYMNTSSynctera raises $24.5 million to support new BaaS demand
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.
Heat over time
Not enough consecutive observations yet to draw a trend.