Launching a Fintech App Quickly and Efficiently with Synctera BaaS and Velmie’s White-Label Solutions
Synctera is a fintech infrastructure company that provides a Banking-as-a-Service (BaaS) platform designed to bridge the gap between fintechs and banks, enabling them to build and launch financial products rapidly and compliantly. Founded in 2020, Synctera offers an end-to-end solution that supports embedded finance, allowing businesses to integrate banking services such as payments, accounts, cards, and lending into their products without needing a banking license. The platform handles compliance, bank partnerships, and operational infrastructure, significantly reducing the complexity and time required for companies to bring financial products to market.
Synctera’s approach involves connecting fintechs with community banks, fostering partnerships that help banks generate new revenue streams while allowing fintechs to focus on their core offerings. The company provides a wide range of APIs and developer tools, making it accessible for both tech-savvy startups and established companies looking to expand into financial services. Synctera’s platform is structured to support rapid scaling and adaptability, enabling customers to launch quickly and then expand or add new features over time.
By managing the regulatory, compliance, and operational challenges typically associated with banking, Synctera empowers businesses to embed financial services directly within their user experiences, driving the growing trend toward seamless, integrated financial solutions across industries.
Synctera Pricing
A one-time implementation fee applies as our team of experts collaborates with you to bring your banking product to market. The fee will vary based on the complexity of the product you are developing with Synctera.
Each product and service you use while managing your banking product incurs a corresponding fee. This includes services like KYC checks, card transactions, external account verifications, and more.
The Synctera Console provides a comprehensive suite of tools to help you efficiently and compliantly manage your banking product. This includes features like a case management system for compliance workflows and a data dashboard—all covered under the platform fee.
There can be additional charges if you require services or solutions that are specific for your business.
How much do BaaS companies charge?
The table below shows market averages for BaaS services in the US. Use these numbers as a reference when planning your project budgets.