Synapse Analytics Raises US$13 Mn to Expand AI Decisioning Platform

The round was led by Partech with participation from Algebra Ventures and Silicon Badia. The company did not disclose the valuation or other terms of the deal.

Synapse Analytics builds AI-powered decisioning infrastructure for regulated financial institutions. Its platform helps credit and risk teams manage policies and make decisions.

The new funding will be used to expand the team accelerate product development and grow into international markets.

Synapse Analytics Co-founder and CEO Ahmed Abaza said: “Our mission is to give financial institutions the intelligence and decision infrastructure they need to make faster, more secure decisions to reduce risk, unlock growth and build stronger customer relationships. Partech’s investment reflects the momentum we have built and gives us the backing of a leading global technology investor to pursue the next stage of that ambition.” 

Co-founder and COO, Galal Elbeshbishy, said, “We built Synapse Analytics to help  financial institutions make better underwriting decisions. Today, we’re taking that a  step further by working with banks, fintechs, and other firms to enable intelligent  agents that actively work alongside their teams — helping them build and refine  credit policies, continuously enhance underwriting criteria, and monitor portfolios in  real time. These agents identify emerging opportunities and risks, help institutions  grow their portfolios while reducing risk, and allow them to react quickly as market  conditions and borrower behaviour change. Our vision is to create the AI operating  system for the new age of finance.” 

Founded in 2018 by Ahmed Abaza and Galal Elbeshbishy, Synapse Analytics is an AI powered decisioning platform for regulated financial institutions. It helps credit and risk teams manage areas such as onboarding, credit scoring, fraud detection, anti money laundering (AML), collections, and customer segmentation.

The company’s AI technology can run within an institution’s own systems, including on-premises and private or sovereign cloud environments. Its platform also allows credit and risk teams to test, update, and deploy policies while checking changes against historical data before they go live.

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