Company Overview
Snapshot
Founded in February 2015 by Duli Yariv, Syncopa Labs operates with 1–10 employees. The company is currently in the Pre-Funding stage, focusing on enhancing mobile wallet applications.
Business overview
Syncopa Labs develops technology to improve customer acceptance and engagement for mobile wallet applications. Its core offering ensures 100% availability for mobile payments and aims to increase transaction volume. The solution involves a field-programmable card that communicates with a smartphone via BLE, emulating magnetic strip/chip cards. A server and smartphone app determine user location to automatically select the optimal card configuration for each transaction. Syncopa Labs serves developers of mobile wallet applications within the Fintech & Insurtech sector, specifically targeting Money Transfer & Management, and operates with B2B and B2B2C business models.
Company Intelligence Q&A
- What is Syncopa Labs' primary focus?
- Syncopa Labs focuses on enhancing customer engagement and acceptance for mobile wallet developers, ensuring high availability for mobile payments and increasing transaction numbers.
- Who founded Syncopa Labs?
- Syncopa Labs was founded by Duli Yariv in February 2015.
- What technology does Syncopa Labs utilize for payments?
- Syncopa Labs' technology enables magnetic, chip-and-PIN, and NFC transactions via smartphones, utilizing a field-programmable card that communicates with a smartphone via BLE.
- What problem does Syncopa Labs aim to solve for mobile wallet users?
- Syncopa Labs aims to solve the problem of card selection by automatically choosing the best card for a transaction based on the provider's interest, customer's location, and financial benefits.
- What is the current employee size of Syncopa Labs?
- Syncopa Labs currently has 1–10 employees.