Synapse Analytics raises $13m Series A led by Partech
The financing brings cumulative funding to $17m and supports product development and international expansion of its credit-decisioning software.
Partech led Synapse Analytics’ $13 million Series A, joined by Algebra Ventures and Silicon Badia. The financing brings total funding to $17 million.
The Abu Dhabi-based company lets financial institutions build, test and deploy credit and risk policies within infrastructure they control. Teams can simulate policy changes against historical data before putting them into production. The capital will support hiring, product development and international expansion.
Use of funds
Scale the team
Accelerate product development
Expand international market reach