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Synapse raises $33 million

San Francisco-based provider of financial tech solutions to the banking industry has raised $33m in Series B funding, led by Andreessen Horowitz.

“We want to make it super easy for developers to build and scale financial products and we want to do that across the spectrum of financial products,” Sankaet Pathak (CEO) told TechCrunch. “We don’t think Bank of America, Chase and Wells Fargo will be front and center” of new fintech, he added. “We want to make it really easy for internet companies to distribute financial services.”

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banking, platforms