Railsr vs Synctera
Railsr
railsr.comSynctera
synctera.comSide by side
| Figure | Railsr | Synctera |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 6 | 0 |
| Spec score · Banking-as-a-Service Platforms | 8.2 (#5) | 6.9 (#29) |
| Founded | 2016 | 2020 |
| Headquarters | The 2023 sale announcement says Railsr would remain headquartered in London's City. | Palo Alto, California, United States |
| Integrations | Railsr says its products package nearly 100 technical, commercial, operational, regulatory and financial-crime integrations behind one API and agreement. | The partner ecosystem lists providers including Plaid, Mastercard, Visa, Marqeta, Socure, and MX. |
| Product | Railsr describes itself as a global embedded finance platform for banking, wallets and cards. | Synctera provides infrastructure for companies to build and operate banking and embedded finance products. |
| Support | Existing customers are directed to log in to a service portal to raise support tickets. | Synctera describes operational compliance support for tasks including disputes, KYC reviews, and fraud issues. |
| Who it serves | Railsr describes the platform as intended for companies including fintechs, sports clubs, retailers and brands. | Synctera serves FinTech and embedded-finance businesses and connects them with sponsor banks. |
Plans
Railsr
- LearnFree
- Live Sandbox APIFree
- Play Sandbox APIFree
- LaunchPriced on request
- PrototypePriced on request
- ScalePriced on request
In their own words
Railsr
Railsr is an embedded finance platform for companies adding financial services to digital products. Its capabilities include wallets and accounts, debit, prepaid, credit and virtual cards, money transfers and reward programmes. Railsr says its APIs place these services within a brand’s digital journey, with the platform operating behind the scenes. It packages close to 100 integrations under a single API and commercial agreement. Developers can use the Play Sandbox API, a functional coding environment that uses fake money. The platform is offered through API and web and lists fintechs, sports clubs, retailers and brands among its intended customers. A free plan and trial are listed, while other pricing is available on request. For regulated services, customers contract with PayrNet, Railsr’s wholly owned subsidiary; Railsr provides technology services. Railsr says new agents or distributors cannot be onboarded without prior written FCA consent.