Synctera

Embedded banking infrastructure and sponsor bank matching platform powering fintechs and corporate platforms.

About Synctera

Synctera is an embedded banking infrastructure provider that connects fintech companies, corporate platforms, and sponsor banks. Designed to simplify the technical and regulatory complexities of launching financial products, Synctera acts as an end-to-end operational platform and sponsor bank matching partner.

The platform delivers APIs for managing multi-tier customer ledgers, opening deposit accounts, orchestrating payment rails, and issuing virtual and physical cards. Synctera also provides built-in compliance case management, automated KYC/KYB screening, and transaction monitoring to maintain regulatory integrity.

Key Features

Sponsor Bank Matching: Strategic matching and relationship management with chartered sponsor banks tailored to program requirements.
Synctera Labs Tier: A specialized launch program offering self-serve access to live financial rails with transparent pay-as-you-go pricing.
Multi-Tier Account Ledgers: Programmatic core ledgers providing real-time balances, account numbering, and transaction tracking.
Payment Orchestration: API money movement across standard ACH, same-day ACH, wire transfers, and internal book transfers.
Card Issuing & Processing: Virtual and physical card generation with custom spend limits, 3DS authentication, and card network passthrough.
Compliance & Fraud Monitoring: Real-time transaction fraud monitoring, KYC/KYB document verification, and case management tools.

Pricing

Synctera Labs Platform Fee: $60,000/year Launch tier with $5,000/month prepaid annually, zero minimums, and pay-as-you-go unit costs.
Synctera Labs Fraud-Loss Reserve: $10,000/one-time Pre-funded fraud-loss reserve topped up monthly as needed for live program operations.
Account Ledger Fee: $1.50/account / month Monthly ledger fee per active business or consumer account.
Standard ACH Origination: $0.35/origination Per-transaction origination cost on standard ACH payment transfers.
Same-Day ACH Origination: $0.425/origination Per-transaction cost on same-day ACH payment origination.
KYC & KYB Verification: $3.20/KYC outcome Automated KYC review ($3.20/outcome) and KYB entity review ($11.00/outcome).
Card Issuing & Processing: $0.50/virtual card $0.50 per virtual card creation, $7.042 per physical card fulfillment, and $0.10 per card transaction.
Regular Enterprise Program: $120,000 - $240,000/year High-volume enterprise program featuring lower per-unit transaction costs and $50,000 implementation fee.

Use Cases

Launching early-stage fintech products with real money using the Synctera Labs program
Embedding checking accounts and virtual cards into vertical SaaS workflows
Automated customer onboarding with real-time KYC/KYB identity verification
Processing business disbursements and payroll payments via ACH rails

Pros & Cons

Pros:

Clear, publicly published pricing for the Synctera Labs startup launch program
Strong sponsor bank pairing and ongoing compliance relationship management
Integrated compliance operations including case management and fraud monitoring

Cons:

Annual platform fee commitment required even on initial starter tiers
Transaction limits apply on the standard configuration until graduating to regular programs

Integrations

Sponsor Bank Network, ACH Rails, Fedwire, Visa, Mastercard, Plaid

FAQ

What is Synctera Labs?

Synctera Labs is a launch tier that enables companies to deploy embedded banking products with real money under a $60,000/year platform fee with transparent pay-as-you-go pricing.