Synctera vs Treasury Prime: Features, Coverage and Pricing Compared (2026)
Updated November 10, 2026 · Reviewed by Benjamin Margolis
Synctera and Treasury Prime both connect fintechs to sponsor banks. Synctera puts cards and compliance tooling on the same stack as accounts. Treasury Prime focuses on deposit accounts through a network of banks.
Our analysts compared the two on November 10, 2026, using each company's own product, pricing, and company pages and our full reviews of Synctera and Treasury Prime.
Choose Synctera if
- you want debit or credit cards
- you want compliance testing tools
- you plan to launch in Canada
Choose Treasury Prime if
- deposit accounts are your core product
- you want a choice of several banks
- you want to be able to switch banks without rebuilding
Synctera scores 76 and Treasury Prime scores 73 in our ratings. Synctera is broader on cards and compliance. Treasury Prime is built around deposits and bank choice.
Key Features Compared
Synctera vs Treasury Prime at a Glance, November 2026
| Feature |  Synctera |  Treasury Prime |
|---|---|---|
| Ratings | ||
| Fintech Index score | 76 / 100Higher score | 73 / 100 |
| Overview | ||
| What it is | Banking-as-a-service platform that helps fintechs and banks launch accounts, cards, and money movement with sponsor banks | San Francisco banking-as-a-service company that connects fintechs to community and regional banks for accounts and money movement |
| Who uses it | Fintechs and banks; Bolt is its largest customer | Fintechs and software platforms launching deposit products, such as Sydecar for venture deal accounts; 3,600+ fintechs in its bank marketplace |
| Main products | Accounts, wallets, debit and credit cards, money movement, and compliance testing tools | Deposit accounts, ACH, domestic and international wires, FedNow, checks, cards, and a ledger, through one API to 20+ partner banks |
| Where it operates | United States and Canada | United States |
| Products and features | ||
| Card issuing | Debit and credit cards | Through partner banks; Bangor Savings Bank launched 9 card programs in 10 weeks |
| Bank partner model | Managed path to sponsor banks | 20+ partner banks; a program can move banks without leaving the platform |
| Pricing | ||
| How pricing works | Quote-based, by product | Priced by account volume; no full price list |
| Published prices | Quote only | Quote only |
| Technology and compliance | ||
| Licenses and account protection | Works through sponsor banks with shared compliance tooling | Not a bank; programs run on 20+ partner banks with $1.1T+ in combined assets, which keep the customer relationship and risk decisions |
| Apps and API | Banking-as-a-service API | Public REST docs, a free sandbox with ACH, wire, FedNow, and card simulations, webhooks, and a Postman workspace |
| Integrations and partners | Connects fintechs to sponsor banks | One integration reaches every partner bank; i3 Bank and Coastal joined in January 2026 |
| Onboarding and support | Sponsor-bank and compliance setup before launch | One marketplace application matched to partner banks, then bank and compliance onboarding |
| Company | ||
| Founded | 2020 | 2017 |
| Headquarters | Palo Alto, California | San Francisco, California |
| Ownership | Private company | Private company |
| Funding | ~$94M equity raised; $15M extension in March 2025 co-led by Fin Capital and Diagram Ventures, with Lightspeed and others as earlier investors | $40M Series C in February 2023, after a $20M Series B; investors include QED and Slow Ventures |
| Key leader | Peter Hazlehurst | Chris Dean |
| Scale | $94M of equity raised | 4M+ active accounts and $170B+ in annualized payments volume on its network |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Synctera scores 76 and Treasury Prime scores 73.
Criterion Scores Out of 100
Key Differences Between Synctera and Treasury Prime
Cards
Synctera offers debit and credit cards. Treasury Prime supports card programs through its partner banks but leads with deposit accounts.
Banks
Treasury Prime uses a network of banks. Synctera manages the path to sponsor banks with shared compliance tooling.
Funding
Synctera has raised $94M of equity, including $15M in March 2025. Treasury Prime raised a $40M Series C in February 2023.
Pros and Cons
Synctera
Pros
- Accounts and cards on one stack
- Compliance tooling for banks and fintechs
- Expanded into Canada
- Signed Bolt in 2025
Cons
- No posted prices
- More than a business needs for a plain checking account
- Launches need sponsor-bank setup
Treasury Prime
Pros
- A network of 20+ banks rather than one sponsor
- Programs can switch banks within the network
- Public docs and free sandbox
- 4M+ active accounts on the network
Cons
- Cards are not its headline product
- No public price list
- Sponsor-bank setup takes time
Who Each Is Best For
Synctera
A fintech or embedded banking team that wants accounts, cards, and money movement through sponsor banks on one platform.
Treasury Prime
A fintech that wants bank accounts and money movement through a network of community and regional sponsor banks.
Alternatives to Synctera and Treasury Prime
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Synctera and Treasury Prime.
Other Card Issuing and Processing Companies
| Company | Score | Best for | Comparisons |
|---|---|---|---|
| Increase | 77 | Engineering-led fintechs that want control of US money movement | Increase vs Synctera Increase vs Treasury Prime |
Frequently Asked Questions
Do they post prices?
No. Both price through sales.
Which works in Canada?
Synctera has expanded into Canada.
Who leads them?
Peter Hazlehurst leads Synctera and Chris Dean leads Treasury Prime.
Sources
- The Fintech Index analysis of Synctera and Treasury Prime, conducted November 2026 (As of November 10, 2026)
- Synctera home page: https://www.synctera.com/ (As of November 10, 2026)
- Synctera, about: https://www.synctera.com/about (As of November 10, 2026)
- Synctera, funding news: https://www.synctera.com/news/banking-as-a-service-leader-synctera-raises-15m-and-signs-bolt-its-largest-customer-to-date (As of November 10, 2026)
- TechCrunch, March 2025: https://techcrunch.com/2025/03/11/baas-startup-synctera-raises-15m-signs-bolt-as-a-customer/ (As of November 10, 2026)
- Treasury Prime home page: https://www.treasuryprime.com/ (As of November 10, 2026)
- Treasury Prime API reference: https://docs.treasuryprime.com/reference/introduction (As of November 10, 2026)
- Treasury Prime sandbox simulations: https://docs.treasuryprime.com/reference/simulation-endpoint (As of November 10, 2026)
- Treasury Prime, bank network additions (January 2026): https://www.treasuryprime.com/newsroom/accelerating-embedded-finance-growth (As of November 10, 2026)
- Treasury Prime, about: https://treasuryprime.com/about (As of November 10, 2026)
- TechCrunch, February 2023: https://techcrunch.com/2023/02/01/proving-that-banking-as-a-service-is-hotter-than-ever-treasury-prime-raises-40m-series-c/ (As of November 10, 2026)