audax and Synpulse Partner to Accelerate Digital Banking Modernization

On September 25, 2024, audax Financial Technology and Synpulse announced a strategic partnership aimed at accelerating digital banking modernization for financial institutions. The collaboration combines audax's digital banking technology platform with Synpulse's consulting, integration, and advisory capabilities. Together, the partners claim they can help banks modernize their core infrastructure in as little as six months, significantly faster than traditional transformation timelines.

The partnership targets banks looking to adopt modern API-driven architectures to support embedded finance and fintech integrations. By combining a technology platform with dedicated integration services, the partnership addresses a key pain point for banks that lack the internal resources to execute complex modernization projects. This type of bank-enablement partnership is increasingly important in the BaaS ecosystem, where sponsor banks need modern infrastructure to safely and efficiently support fintech distribution partners.