Back to News

Partech leads $13 million investment in Synapse Analytics series A funding

Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech with participation from Algebra Ventures and Silicon Badia.

Justina SalamiSeptember 14, 20262 min read
Your Business Needs More Than a Website.

Promoted

Your Business Needs More Than a Website.

Custom software, automation, web apps, mobile apps and business systems built around how you work.

Build digital systems around the way your business operates.

Explore Software Services
Partech leads $13 million investment in Synapse Analytics series A funding

Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech. Algebra Ventures and Silicon Badia also took part in the round. The new funding brings Synapse Analytics’ total raised to $17 million since it started.

The company builds AI-powered, agentic decision-making and risk infrastructure for regulated financial institutions. Its goal is to drive AI-powered decisioning for banks and other financial players.

Read: Meet 16 Nigerians who work at NVIDIA

Synapse Analytics was founded in 2018 by Ahmed Abaza and Galal Elbeshbishy. It started out in Cairo and is now headquartered in Abu Dhabi, UAE. The platform lets banks and other regulated institutions build, test, and manage their own credit and risk policies while keeping full control of their data.

COO Elbeshbishy said the company is working with banks, fintechs, and other firms to build intelligent agents that work alongside their teams. He said these agents help institutions spot new opportunities and risks, grow their portfolios, and react quickly as markets and borrower behaviour change.

The new capital will go toward scaling the team, speeding up product development, and expanding into new international markets. Synapse Analytics already works with banks, non-banking financial institutions, fintechs, and telecom companies across the Middle East, Africa, and Latin America. The company says its technology has supported more than $200 million in lending and has helped clients cut non-performing loans by up to 40%. 

The deal lands at a busy moment for Egyptian and Gulf fintech funding. Wamda’s H1 2026 report found Egyptian startups raised nearly $159 million across 29 deals in the first half of the year, with fintech leading as the top sector. 

Discussion

Join the conversation about this story.

Sign in or create an account to join the discussion.

No comments yet. Be the first to respond.

Related Articles