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- Synctera Secures $15M Funding to Drive Growth and Innovation
Synctera Secures $15M Funding to Drive Growth and Innovation

Key Highlights:
Synctera raised $15M, bringing its total funding to $94M.
Fin Capital and Diagram Ventures co-led the round, with additional participation from First & Main, Evolution, and True Equity.
Bolt, Synctera’s largest customer to date, will offer financial services with support from Midland States Bank.
Partnership with Hawk, integrating AI-driven AML and CFT technology for enhanced risk management.
CEO Peter Hazlehurst emphasizes scalable growth and investor confidence.
Source: Business Wire
Notable Quotes:
“Fin Capital has supported the Synctera team since its very early days. Their laser focus on doing things the right way, putting banks and end customers first, is why they’ve been able to build a world-class banking platform.”
“We’re very pleased to continue to be on board once again and support Synctera’s continued mission to power financial innovation for companies of increasing size like Bolt and Unified Signal in new and exciting ways.”
“Bolt has always been incredibly driven to deliver the absolute best online checkout experience for consumers of some of the largest brands on the planet. We’re excited to partner with Synctera to arm brands with more ways to engage with their customers.”
“The reason we built Hawk was because we wanted to combine AML & Fraud use cases in one platform. Native, Explained AI and our capability to handle largest volumes in real-time position us well to support Synctera's growth plans, which we love to be part of.”
"The ongoing evolution of our business and steadfast support of our investors enable us to continue to drive scalable growth and excellence for our customers and community of banks."
Why This Matters:
Synctera’s latest funding round underscores the increasing demand for embedded finance and banking-as-a-service solutions. The addition of Bolt as its largest customer and a strategic partnership with Hawk solidify its position as a category leader in risk management and compliance. This investment will fuel Synctera’s ability to serve complex and high-scale clients while continuing to innovate in the financial technology space.