Synctera Secures $15M Despite BaaS Setbacks

Synctera, a Banking-as-a-Service startup, raised $15 million in a Series A extension, bringing its total funding to $94 million. Despite Synapse’s collapse shaking the industry, Synctera’s revenue soared 80% and gross profit jumped 230% year-over-year. CEO Peter Hazlehurst credits its compliance focus and aims for breakeven by early 2026.

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Darwinbox Secures $140M to Boost HR Tech Globally

Darwinbox, an Indian startup, just raised $140 million to expand its all-in-one HR SaaS platform, taking on big names like Rippling and Deel. Co-led by KKR and Partners Group, with investors like Microsoft and Sequoia, they’re targeting the U.S. market, serving over 1,000 enterprises and 3 million employees with flair!

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