Syncfy, an Austin, TX-based provider of an open finance platform in Latin America, raised $10M in Seed funding.
The round was led by Point72 Ventures with participation from JAM Fund, Ausum Ventures, Avalancha Ventures, FJ Labs, MANTIS Venture Capital, XBTO Humla Ventures, Brock Pierce and Quantum Artificial Intelligence Engineer Hartmut Neven.
The company intends to use the funds for geographic expansion and launch of new product offerings in data aggregation, enrichment, and analytics as well as payments infrastructure.
Led by CEO Gerardo Treviño, Syncfy, a subsidiary of Paybook, is Latin America’s open finance platform. Through a single API, the company allows customers to access data from 125+ different banks, digital wallets, tax authorities, utility providers, crypto exchanges, and blockchains across 15+ countries in Latin America, as well as internationally. It currently provides financial data aggregation and enrichment across its Connect, Fiscal, and Invoice Stamping API integrations. Syncfy also offers an all-in-one solution that enables customers to accept multiple payment methods, including crypto, within their app or platform.
FinSMEs
06/12/2022