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June 7, 2019

Fintech platform Synapse raises $33M to build ‘the AWS of banking’ - TechCrunch

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Fintech platform Synapse raises $33M to build ‘the AWS of banking’

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Synapse

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Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion.

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The investment was led by Andreessen Horowitz, with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse — which recently rebranded (slightly) from “SynapseFi” — announced a $17 million Series A back in September 2018, so this deal takes it to $50 million raised to date.

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Read More: https://techcrunch.com/2019/06/07/synapse-raises-33m/

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