How they describe themselves: SynapseFI exists to simplify banking. We believe every person should have access to best-in-class financial products, regardless of their bank balance. For that purpose, we constantly strive to build accessible state-of-the-art financial banking products.
Our APIs enable you to power transactions (ACH, Credit, Debit, WIRES), KYC users, open bank accounts (Deposit, Interest Bearing, FBO/Custodial, Clearing), issue Debit Cards – virtually anything that would otherwise require a bank agreement. We also manage BSA/AML compliance, instant authentication of bank accounts and data aggregation.
Our mission is to build an intuitively designed bank with automated back office and automated servicing to reduce costs and increase access.
How they describe their product/innovation: White Label Loan Issuance: Our loan products can originate and service unsecured consumer or business loans to customers. Features include customizable decisioning, automated compliance, smart notifications, and an origination and servicing UI.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms
Bus. Dev., Press & Sales: Asya Bradley, VP Revenue & Partnerships, firstname.lastname@example.org