Synapse Featured in FT Partners Open Banking Report

Carla McMorris

Recently Synapse was interviewed by FT Partners for their industry-leading Open Banking, Rearchitecting the Financial Landscape Report, March 2021.

During the extensive interview our CEO, Sankaet Pathak, shared his personal story behind Synapse’s founding, detailing his experience as an immigrant who couldn’t open an account because he had no credit history. He was motivated to start Synapse with a mission to ensure that everyone around the world has access to best-in-class financial products, regardless of their net worth.

“Our value proposition is that our customers can bring their product to market in weeks as opposed to months or years.”

Sankaet explained Synapse’s three product hubs that ensure that developers have the tools to create financial products across a wide product range of fintech sectors including Deposit, Credit, and Crypto. The interview continues, reviewing Synapse’s marketplace positioning, several customer stories, and Synapse’s key market differentiators which include:
‍

End-to-end offering
Rapid speed to market
Infrastructure focused
Limitless scale
Revenue multiplier
Market access expansion

After discussing the revenue model of the company, Sankaet shared the long-term vision for Synapse and the product map over the next 5 years.

We invite you to read the Synapse CEO Interview in the Open Banking, Rearchitecting the Financial Landscape Report, and contact us if you have any questions.

Download Thought Leadership Guide Download Thought Leadership Guide

Sources

The Launchpad for
Financial Innovation

help@synapsefi.com

* 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.

Synapse Featured in FT Partners Open Banking Report

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Carla McMorris

June 22, 2021

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