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Announced

Completed

Lightspeed and Fin Capital led a $19m round in Synctera.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

banking as a service platform

banking technology

Financial Data and Systems

United States

Acquisition

Domestic

Minority

Private Equity

Venture Capital

Completed

Friendly

Private

Synopsis

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Lightspeed, a global venture capital firm, and Fin Capital, a global asset manager, led a $19m round in Synctera, a banking technology platform. “We've been very fortunate to be able to meticulously, and opportunistically, raise money on the back of super strong growth to double down on what's working and accelerate our momentum with enterprise customers," Peter Hazlehurst, Synctera Co-Founder and CEO.

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