Synctera (formerly incorporating Railsbank's operations after their merger) is a banking-as-a-service and fintech platform headquartered in San Francisco, United States. The original Railsbank was founded in 2016 in London and Synctera was founded in 2020; the companies merged in 2023 to create a combined platform. Synctera provides the infrastructure that enables fintech companies to offer FDIC-insured banking products including accounts, cards, payments, and lending through partnerships with sponsor banks.

The Synctera platform offers a comprehensive suite of white label financial services including demand deposit accounts, savings accounts, card issuing (debit and prepaid), ACH payments, wire transfers, and book-to-book transfers. The platform handles the complex regulatory and compliance requirements of banking, including BSA/AML compliance, transaction monitoring, and OFAC screening, allowing fintech companies to focus on their customer experience. Their marketplace model connects fintechs with partner banks, streamlining the sponsor bank relationship process.

Synctera operates on a combination of platform fees and per-transaction pricing. The company has raised significant venture capital and has facilitated the launch of numerous fintech products. Their platform is particularly suited for neobanks, embedded finance applications, and any technology company looking to integrate banking services into their product offering.

White Label Fintech Platforms

Synctera provides banking-as-a-service infrastructure enabling fintechs to offer white label FDIC-insured accounts, card issuing, ACH payments, and wire transfers. Their marketplace connects fintechs with sponsor banks, handling regulatory compliance including BSA/AML and transaction monitoring.