Prove Identity, Inc. Helps Synchrony Complete 25 Million Digital Credit Card Applications
Round Type
Funding Round
StamfordFinancial ServicesLending And InvestmentsSales And MarketingFinanceLendingDescription
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has facilitated 25 million “radically simple” customer credit card applications with Synchrony (NYSE: SYF), a premier consumer financial services company. Synchrony leverages Prove’s Pre-Fill and Identity solutions to dramatically simplify its customer application and account opening processes by reducing the number of fields a customer must complete by 80% compared to previous application processes. With Prove’s identity verification and cryptographic authentication capabilities, Synchrony applicants can quickly verify their identities, and can have credit applications approved almost instantaneously.
Quick answer
Synchrony raised an undisclosed amount in a Funding Round round, dated July 7, 2022. Synchrony is based in Stamford, Connecticut, United States.
- How much did Synchrony raise?
- Synchrony raised an undisclosed amount in a Funding Round round on July 7, 2022.
- What does Synchrony do?
- Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites.
- Where is Synchrony based and how big is it?
- Synchrony is based in Stamford, Connecticut, United States. Fundz records about 14,606 employees.
- Who are the decision-makers at Synchrony?
- Fundz holds 2 contacts at Synchrony, including the Vice President - Partner Strategy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending And Investments around the same time
Companies in the same sectors as Synchrony that raised within 45 days of this round, from Fundz verified event records.
- Pagaya Technologies raised $1M (Seed) on August 17, 2022.
- Pastel raised $5.5M (Funding Round) on August 15, 2022.
- Credit Acceptance Corporation raised $500M (Funding Round) on August 12, 2022.
- DD360 raised $25M on August 9, 2022.
- Jodo raised $15M (Funding Round) on August 9, 2022.
- Ensysce Biosciences raised $8M (Convertible Note) on August 9, 2022.
Who to call at Synchrony, and when
A new round usually means Synchrony is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Synchrony raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Synchrony, from your own LinkedIn network
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Related People
Synchrony raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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