There is a one-time implementation fee as our team of experts work with you to get your banking product to market. This fee will vary depending on the complexity of the banking product you are building with Synctera.
The Synctera Console comes with a suite of tools you'll need to efficiently and compliantly operate your banking product. Everything from a case management system to manage compliance workflows to a data dashboard tool is included in the platform fee.
For each of the products and services you consume while operating your banking product, there is an incremental associated fee. This includes products such as KYC checks, card transactions, external account verifications, among others.
When you issue cards to your customers, you will receive a share of the interchange revenue generated from each card swipe.
When your customers store money in their accounts through your banking product, you can earn a share of the interest revenue that is generated from those deposits.
There are many other monetization strategies you may pursue when launching a banking product. For example, you may charge recurring or usage-based fees to your customers depending on the products they consume.
Synctera comes with a full suite of APIs, developer tools, and documentation to help you build the banking product you envision.
Also leverage our Synctera Starter Apps to quickly build beautiful, intuitive banking experiences.
Our Ground Control program provides banking and compliance operational support, helping you meet compliance requirements while you scale. This program is free for the first six months.
Customers can also leverage our extensive library of bank-vetted policy templates and step-by-step guides.
Synctera connects you with the sponsor bank that best fits your product vision, target market, and launch timeline.
We introduce you to your bank partner before contract signing so you can feel confident you've found your perfect match.
Create an account to explore our Console and start building