Retail Banker International Covers Synapse’s 2022 Break-out Year

Carla McMorris

Retail Banker International’s recent article covered Synapse’s break-out year of 2022, highlighting its accomplishments and targets for 2023.

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They began with the founder’s story of Sankaet Pathak, CEO of Synapse, immigrating from India and not being able to open a bank account or get approved for credit without a U.S. financial history. They then go on to summarize the history of the company and to detail our 2022 results, highlighting the launch of Global Cash. Global Cash is a secure cash management account enabling residents in 35+ countries to invest, hold and spend US dollars.

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Detailing the 2023 targets and market forecasts, Retail Banker International reviewed a wide range of topics including embedded finance, regulation, the Gen Z transfer of wealth, banking’s growing influence, cryptocurrency's comeback, and fintechs prospects in LatAm.

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They concluded with a detailed overview of our partnership with Nomad. Nomad’s customers send money to their US deposit account via international wire from their Brazilian bank account and have access to their funds in as little as two business days.

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* Synapse-Enabled Services services are offered through Synapse Financial Technologies, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with any Platform Operator.

Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information.
The Partner Financial Institution(s) participating in a Synapse cash management program can be found in the List of Program Banks.
Deposit, Banking and Card services are provided by Synapse Financial Technologies, Inc.’s partner banks.
Credit services are provided by Synapse Credit LLC, a licensed U.S. lender in designated states.
Use of the Synapse-Enabled Services are subject to the Terms of Service.

Use of our (Synapse Financial Technologies, Inc.) services are subject to our Terms of Service.

Retail Banker International Covers Synapse’s 2022 Break-out Year

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Carla McMorris

February 1, 2023

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