Retail Banker International’s recent article covered Synapse’s break-out year of 2022, highlighting its accomplishments and targets for 2023.
They began with the founder’s story of Sankaet Pathak, CEO of Synapse, immigrating from India and not being able to open a bank account or get approved for credit without a U.S. financial history. They then go on to summarize the history of the company and to detail our 2022 results, highlighting the launch of Global Cash. Global Cash is a secure cash management account enabling residents in 35+ countries to invest, hold and spend US dollars.
Detailing the 2023 targets and market forecasts, Retail Banker International reviewed a wide range of topics including embedded finance, regulation, the Gen Z transfer of wealth, banking’s growing influence, cryptocurrency's comeback, and fintechs prospects in LatAm.
They concluded with a detailed overview of our partnership with Nomad. Nomad’s customers send money to their US deposit account via international wire from their Brazilian bank account and have access to their funds in as little as two business days.
Read the article