Our Platform Provides Companies of All Sizes with Everything They Need to Build, Launch, and Scale Innovative Banking Products: Peter Hazlehurst of Synctera

Synctera is a financial technology provider that gives companies access to key banking infrastructure so they can design, launch and scale financial products. It focuses on helping startups, entrepreneurs and established businesses introduce checking accounts, debit or credit cards and payment services without creating or operating a bank. By supplying unified systems for banking operations, compliance and financial data management, Synctera enables builders to concentrate on customer experience and product strategy instead of regulatory and back-office work.

The company works with regulated sponsor banks that provide the charter and regulatory oversight required for any financial product in the United States. This partnership model lets non-bank companies deliver banking services through their own apps or platforms while the bank and Synctera handle the regulatory, operational and risk obligations that come with financial products. Businesses that use Synctera can offer users bank accounts, cards and payment tools while relying on Synctera and its sponsor bank partners to manage compliance reviews, transaction monitoring and banking system connections.

Synctera supports these companies with technology that handles core banking functions, fraud monitoring, regulatory workflows and ledger management. This structure reduces the amount of engineering work required to launch financial tools and cuts the time needed to bring a product to market. Companies can ship features faster, gain real-world feedback and improve their products while meeting regulatory expectations through Synctera’s systems and processes.

How Synctera Operates Behind the Scenes

Synctera provides everything needed to operate digital banking and payments programs through a connected suite of APIs and operational tools. These systems manage customer onboarding, account creation, transaction processing, payment initiation and card program support. Synctera also supplies fraud detection tools, identity verification workflows, risk alerts, reconciliation systems and daily operational reporting for sponsor banks and FinTech partners.

Companies that build with Synctera use the Synctera Ledger, which maintains the complete record of accounts, balances and transactions. This ledger syncs with sponsor bank systems, financial networks, card processors and money movement rails. Every deposit, withdrawal, card swipe or transfer moves through the ledger so that the company, the sponsor bank and Synctera have a unified view of financial activity.

A console dashboard gives sponsor banks and FinTech partners visibility into accounts, transactions, compliance events and reconciliation details. This helps banks meet supervisory obligations and gives builders real-time insight into product performance without requiring custom back-office software. Banks can monitor risk and compliance activities, while FinTech companies can track user activity and product behavior.

Synctera supplies end-to-end infrastructure that removes many of the hurdles associated with entering the financial services space. Non-bank companies can embed financial capabilities into their products without constructing or maintaining their own banking stack. Because all activity is routed through the Synctera Ledger and monitored through Synctera tools, businesses can introduce financial services that remain aligned with regulatory standards and banking requirements.

Why Builders Choose Synctera

FinTech founders, product teams and companies entering embedded finance often choose Synctera because it removes major barriers that traditionally slow the launch of financial products. Building banking services from scratch requires coordination with multiple vendors, deep regulatory knowledge, specialized compliance personnel, complex integrations and months of technical work. Synctera reduces this burden by supplying the required systems and sponsor bank connections in a coordinated package.

Businesses using Synctera can launch account programs, card programs or payment services in a shorter timeframe because they do not need to build identity verification tools, payment gateways, ledger systems or compliance workflows. Synctera manages these functions so builders can focus on their market, user needs and product design. This shortens development cycles and lowers upfront costs.

Synctera also works with community banks and financial institutions that want to partner with FinTech companies. The company’s technology and operational tools allow banks to collaborate with startups without having to redesign internal systems or develop new digital banking infrastructure. Synctera supports the relationship by supplying the technology, risk controls and operational oversight needed for compliant FinTech partnerships.

End users receive benefits as well. They gain access to modern banking features through apps or services they already use, often with smoother interfaces and simpler onboarding than traditional banking products. Everyday users can open accounts, receive cards or move money through non-bank apps that match their lifestyle and preferences, while sponsor banks and Synctera ensure regulatory and operational processes run correctly behind the scenes.

Synctera’s Growth and Current Focus

Synctera has continued to grow as interest in embedded finance and FinTech innovation expands across multiple industries. The company has raised funding to increase capacity, build new features and support a broader group of customers. Development work focuses on strengthening core systems for compliance, banking operations, payments, money movement and card programs. Synctera also refines its API suite so builders can integrate new functionalities more efficiently

This push reflects the broader trend of companies across retail, payroll, professional services, gig economy platforms and other sectors seeking to bring financial tools directly into their products. Many businesses want to offer users ways to pay, save, receive earnings or manage funds inside their own digital environments. Synctera supports this shift by giving these companies the infrastructure they need to connect their products to regulated banking systems.

Regulation remains a central focus for every company building Banking-as-a-Service products. Synctera has maintained growth by emphasizing compliance and sponsor bank partnerships that meet supervisory expectations. This helps reduce risk for both builders and banks while giving end users financial services that follow regulatory rules. As scrutiny of FinTech partnerships rises, Synctera’s emphasis on well-structured compliance, operational oversight and transparent monitoring becomes increasingly valuable to businesses entering digital finance.

How Businesses Use Synctera Today

Companies that work with Synctera can launch financial products that function on top of regulated sponsor banks. This allows them to offer checking accounts, debit or credit cards and payment tools while relying on Synctera for the technical and operational foundations. By using Synctera’s systems, businesses can introduce new financial features for customers, onboard users, handle funds and manage card programs without building or maintaining the banking systems themselves.

Synctera provides compliance workflows, transaction monitoring and identity verification tools that help businesses stay aligned with regulatory expectations throughout the life of their product. Fraud monitoring flags suspicious activity so companies and their sponsor banks can intervene when needed. Reconciliation and reporting tools help banks meet daily oversight obligations, and FinTech companies receive insights that support product development and user support.

Businesses benefit from the speed and structure of this model. They can test ideas, adjust offerings and reach customers faster than they could through traditional banking development routes. Because the heavy operational and regulatory responsibilities are managed by Synctera and sponsor banks, companies can invest their energy into customer experience, design, onboarding flows and long-term growth.

Synctera’s Role in the Future of Embedded Finance

Digital banking continues to expand beyond traditional institutions as more industries introduce financial features inside their products. Synctera gives businesses a foundation for banking, payments, cards and financial data management that supports this shift. Companies can roll out new financial capabilities without assuming the burdens of bank operations or regulatory frameworks.

Synctera illustrates how modern FinTech infrastructure, paired with regulated banking partnerships, allows businesses to build financial services that are safe, reliable and designed around user needs. The company’s systems provide a bridge between innovative digital products and the banking requirements that govern financial services in the United States. For businesses seeking to build digital finance tools or embed banking functions into non-financial apps, Synctera offers a structured path to bring these ideas to life responsibly and efficiently.

Peter Hazlehurst, Co-Founder & CEO, Synctera

As scrutiny of FinTech partnerships rises, Synctera’s emphasis on well-structured compliance, operational oversight and transparent monitoring becomes increasingly valuable to businesses entering digital finance.