TabaPay + Synapse

Sankaet Pathak
Synapse
Published in
2 min readApr 19, 2024

We are excited to announce that TabaPay is acquiring the assets of Synapse. As the transaction is approved, TabaPay will be integrating Synapse’s capabilities while supporting the Synapse platform to provide continuity for existing customers.

For us, this integration is a catalyst for exponential growth — where the combined sum far exceeds our individual parts. Leveraging TabaPay, customers will join a thriving ecosystem of 15 bank partners, 16 network connections, 2,500+ existing clients, and domain expertise of the collective team.

TabaPay’s longstanding profitability, robust balance sheet, and complimentary suite of solutions will empower us to double down on our core product. Further, by leveraging the TabaPay ecosystem, we can significantly expand our customer support, by elevating the caliber of our offerings.

You, our customers are “day one” to us, an ethos TabaPay shares. You can expect both teams will be hands-on through the transition. The Synapse team will maintain its cohesion operationally as part of ensuring there are no immediate changes in operational processes or to your business model.

Our ultimate goal is to seamlessly integrate, operating as a unified financial infrastructure platform and delivering unparalleled products to our collective customer bases.

Our current focus is on ensuring a smooth transition that aligns with the best interests of all our stakeholders — customers, bank partners, and end users.

To our valued customers, thank you for being on this journey with us, you can continue to expect a direct line of communication from us and the TabaPay executive team and here for you as you have questions.

Looking ahead, we plan to deliver on that promise through enhanced support, ambitious product execution, and solutions that will push your business forward while remaining ahead in a competitive market.

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