US-Based SynapseFI Raises $17 million in Series A Funding Round
A US based startup called SynapseFI that helps banks and fintech companies work together to develop technology has raised funds amounting to $17 million in Series A funding round. The round was led by Trinity Ventures and Core Innovation Capital.
Other unnamed backers also participated in the particular round. However, it has been reported that the deal closed at the back end of last year. But the company was so busy developing new products, hiring and more that the company could not disclose about it then.
Founded in 2014, the core product of the company is a platform that helps banks and developers work together. It involves developer-facing APIs that enable companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-en...