After immigrating to the US, Synapse's CEO & Co-Founder, Sankaet Pathak, experienced first-hand the difficulty in opening a US bank account or getting approved for credit without a financial history.
He did not fit into the traditional financial framework and he realized there must be millions of others experiencing the same problem. That’s why the company is dedicated to providing access to financial services for people all over the globe who have been left behind by traditional banking institutions, and enabling developers to create more creative and accessible financial products on our API infrastructure.
Synapse was recognized as an ICON Outlook top 20 KYC solution provider for 2022. Being a regulated and licensed member of FINRA and SIPC, through our affiliate Synapse Brokerage LLC, Synapse developed a suite of KYC technologies and processes that our customers use to protect their platforms against identity theft, fraud, and money laundering schemes.
The Fintech Times Em Conversa interviewed Sankaet Pathak, CEO of Synapse, about the market boom in Latin America and why organizations like Synapse are making U.S. accounts more accessible to those outside of the U.S.
Our CEO, Sankaet Pathak was invited to write an article that was featured in Fast Company. He explained the four key ways banking will likely evolve for the better over the next decade. He named the four trends as increased regulation will improve the embedded finance ecosystem, the Gen Z transfer of wealth will spawn a new crop of fintech companies, the area of influence will grow for banking, and cryptocurrency will make a calculated, regulated return.
“We are pleased to be included again in the Inc. 5000 (2023) list and see a significant jump in our rank from 1,339 last year to 881.”
We’re a group of industry leaders and experts, bringing decades of cumulative experience and knowledge to our company and customers.
We are a team of conscientious hard workers who also share a common sense of purpose. Our work style is collaborative and action-oriented.