The San Francisco-based startup has sat under the radar for a while now despite starting up in 2014. Its core product is a platform that helps banks and developers work together. That involves developer-facing APIs that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end operations. Pathak describes the vision as making it possible for anyone around the world to get access to high-quality financial products. The first focus is to make financial products “like Lego bricks” to enable banks to add new products and services easily. As it stands today, development is a painful process that requires specific infrastructure development, but SynapseFI aims to standardize a lot of the processes and platform to make things much simpler.

https://techcrunch.com/2018/09/04/synapsefi-raises-17m/