OverviewSuggest Edit

SynapseFI (also known as Synapse Financial Technologies) is a company engaged in the development of payment, deposit, lending, and investment solutions. It provides developer-facing APIs for companies building financial products and bank-facing APIs for banks to automate their back-end operations.

TypePrivate
Founded2014
HQSan Francisco, CA, US
Websitesynapsefi.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Jun 2021)110(-2%)
Revenue (Y, 2018)$25 M
Cybersecurity ratingBMore

Key People/Management at SynapseFI

Sankaet Pathak

Sankaet Pathak

Founder & Chief Executive Officer
Sheetal Parikh

Sheetal Parikh

VP of Legal and Compliance
Mike Rasic

Mike Rasic

CFO
Lauren Larson Diehl

Lauren Larson Diehl

Vice President of Customer Success
Jasmine Singh

Jasmine Singh

Director of Program Management
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SynapseFI Office Locations

SynapseFI has an office in San Francisco
San Francisco, CA, US (HQ)
150 Sutter St, San Francisco
Show all (1)

SynapseFI Financials and Metrics

Summary Metrics

Founding Date

2014

SynapseFI total Funding

$50.7 m

SynapseFI latest funding size

$33 m

Time since last funding

2 years ago

SynapseFI investors

SynapseFI's latest funding round in June 2019 was reported to be $33 m. In total, SynapseFI has raised $50.7 m. SynapseFI's latest valuation is reported to be $180 m.
View all funding rounds

SynapseFI Revenue

SynapseFI's revenue was reported to be $25 m in Y, 2018
USD

Revenue (Y, 2018)

25.0m

Market valuation

180.0m
USDY, 2018E

Revenue

25.0m
USDY, 2018

Revenue/Employee

454.5k
Show all financial metrics

SynapseFI Operating Metrics

SynapseFI's Enterprise Customers was reported to be 100 in Apr, 2020. SynapseFI's Users was reported to be 7.8 m in Mar, 2021.
Apr, 2020Mar, 2021

Enterprise Customers

100

Platforms

500

Products

17

Users

7.8 m
Show all operating metrics

SynapseFI Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

SynapseFI Online and Social Media Presence

Embed Graph

SynapseFI News and Updates

Silicon Valley fintech SynapseFI initiates layoffs amid pandemic-induced fintech struggles

The San Francisco-based fintech has cut its staff by about half and signaled its intention to move more of its workforce to Texas in response to the pandemic, according to Business Insider. Synapse offers payment, deposit, lending, and investment products as APIs to financial services clients, enabl…

SynapseFI, the startup once billed as the 'AWS of banking,' has cut 'a number of employees' and plans to move part of its workforce to Texas

San Francisco-based fintech startup SynapseFI cut down its workforce this week and plans to grow its presence in Texas as a move to weather the coronavirus outbreak, according to an email sent by Synapse CEO Sankaet Pathak to the startup's customers. Pathak later made the email available to Business…

SynapseFI Frequently Asked Questions

  • When was SynapseFI founded?

    SynapseFI was founded in 2014.

  • Who are SynapseFI key executives?

    SynapseFI's key executives are Sankaet Pathak, Sheetal Parikh and Mike Rasic.

  • How many employees does SynapseFI have?

    SynapseFI has 110 employees.

  • What is SynapseFI revenue?

    Latest SynapseFI annual revenue is $25 m.

  • What is SynapseFI revenue per employee?

    Latest SynapseFI revenue per employee is $227.3 k.

  • Who are SynapseFI competitors?

    Competitors of SynapseFI include MX, Plaid and Codat.

  • Where is SynapseFI headquarters?

    SynapseFI headquarters is located at 150 Sutter St, San Francisco, San Francisco.

  • Where are SynapseFI offices?

    SynapseFI has an office in San Francisco.

  • How many offices does SynapseFI have?

    SynapseFI has 1 office.