Contracting and Liftoff

• Partner with multiple FinTechs that have been vetted and prepared for success by Synctera and that meet the Liftoff program’s operational and compliance requirements
• Easy contracting with Synctera (Synctera manages the contracting with the FinTechs)
• Synctera Cases makes it easy to work with multiple FinTech partners and facilitates a transparent, productive relationship between you and them
• FinTechs can access Synctera’s Ground Control program, which provides complimentary, short-term banking and compliance operational support
• When and if you choose, transition to a direct contract with a FinTech under Synctera’s Liftoff Custom program

Standard option additional features

• You support standard FinTech use cases
• Synctera assigns the FinTechs to you 
• FinTechs pay non-tiered pricing for Synctera services
• FinTechs must meet a minimum funding requirement

Flex option additional features

• In addition to standard use cases, you may also support non-standard use cases
• Synctera matches you with FinTechs, and you choose which ones to partner with
• FinTechs pay tiered pricing for Synctera services (incremental prices decrease as usage increases)

Benefits

• Get to market fast and start earning revenue from interchange and other services under attractive revenue share terms
• Be confident that the FinTechs you are partnering with have built their products on Synctera’s proven, secure platform and that you have visibility into their activities
• Start connecting with FinTechs and evaluate their performance before determining whether you want to enter a direct partnership with them
  
  

To enroll in Liftoff Standard, you sign

• The Liftoff program sponsor agreement, which defines all key terms
• A standard program authorization letter, which defines the Liftoff program requirements

To enroll in Liftoff Flex, you sign

• The Liftoff program sponsor agreement, which defines all key terms
• For each FinTech you partner with, a custom program authorization letter, which defines program-specific requirements and economics

Liftoff Custom

Contract directly with your choice of enterprise-scale FinTechs

Want to access new revenue streams and markets by providing bank support to companies that are launching financial products at enterprise scale? With Synctera's Liftoff Custom program, you can contract directly with multiple enterprise-scale FinTechs that are creating world-changing products with the Synctera platform.

How it works

Synctera sends you compatible FinTechs with which you can choose to partner. You contract with them to provide them with Synctera services and with bank support for the banking, payments, and account services that their financial product provides. You earn:

• A share of the interchange fees (net of network fees) generated from cards programs
• A share of the margin on the Synctera services (core, banking, payments, compliance and fraud) consumed by the FinTech

Key features

• Partner with multiple enterprise-scale FinTechs that have been vetted and prepared for success by Synctera
• Choose which FinTechs you partner with on the use cases you want to support
• Contract directly with the FinTechs to get the contract terms you require
• Easy setup, with no core integration or significant technology investment required
• FinTechs can access Synctera’s Ground Control program, which provides complimentary, short-term banking and compliance operational support
• Synctera Cases lets you and your FinTech partners efficiently collaborate and manage all aspects of your relationship, including KYC, BSA/AML, fraud, disputes, and marketing materials

Benefits

• Avoid the time and hassle of finding FinTechs to partner with on your own
• Be confident that the FinTechs you are partnering with have built their apps on the proven, secure components of the Synctera platform and that you have visibility into your FinTech partners’ activities