BaaS Provider Synctera Acquires Compliance Fintech Cable

On April 14, 2026, Synctera announced the acquisition of Cable, a compliance fintech that provides real-time compliance verification and automated control testing. The deal adds capabilities for sponsor banks to continuously monitor their fintech partners' adherence to KYC, AML, and transaction monitoring regulations, replacing labor-intensive manual audits with automated oversight. Cable's technology will be integrated into Synctera's BaaS platform while also remaining available as a standalone product.

Cable's team will join Synctera as part of the transaction. Existing clients across both companies include banks such as Axiom Bank, Quaint Oak Bank, Griffin, Midland States Bank, Grasshopper, and fintech Mercury. Financial terms of the acquisition were not disclosed.

The deal reflects the growing regulatory scrutiny of BaaS and sponsor bank-fintech relationships, positioning Synctera to offer a more compliance-robust platform at a time when regulators have increased enforcement actions in the embedded finance space.