Partnership Spotlight - Finexer X Sysynkt

January 29, 2025 Finexer Open Banking
partnership-spotlight-sysynkt-and-finexer-open-banking

Empowering B2B Automation with Open Banking


Introduction

Sysynkt, a leading B2B SaaS provider specialising in business process automation, sought an innovative partner to elevate its open banking services. With customers spanning from small businesses to some of the largest companies worldwide, Sysynkt’s focus on integrating banking solutions with accounting systems required a partner who understood their unique needs. Enter Finexer—an open banking solutions provider whose flexible, collaborative approach aligned perfectly with Sysynkt’s vision.

Sysynkt is at the forefront of business process automation, delivering tailored solutions that integrate seamlessly with business accounting systems. Their groundbreaking banking solution is the first of its kind globally, designed to meet the diverse needs of businesses across market segments.

Why Sysynkt Chose Finexer Open Banking

Sysynkt’s journey with Finexer began through a recommendation from a person in the Open Banking group, but the mutual alignment in values and approach cemented the partnership.
“We realised we had a lot in common with Finexer in how we approach services for our customers. This made it a highly collaborative partnership from the start.” 
Penny Phillips, Chief Commercial Officer at Sysynkt.


Challenges and How Finexer Solved Them

Before collaborating with Finexer, Sysynkt faced a significant challenge: most major open banking Third-Party Providers (TPPs) were focused on consumer offerings, often overlooking the needs of businesses.
“Our business isn’t about the volume of consents—it’s about delivering high-quality services to some of the biggest names in the industry. We needed a partner who understood the importance of providing business-focused solutions, and Finexer joined us on that journey.” 
Penny Phillips, Chief Commercial Officer at Sysynkt.
Finexer addressed Sysynkt’s challenges with tailored solutions, providing:
  • Bespoke Business Offerings: Focusing on business-specific needs rather than generic consumer solutions.
  • Customer Satisfaction: Enhanced services that Sysynkt’s high-profile clients rely on for seamless operations.
  • Collaboration and Flexibility: A willingness to adapt to Sysynkt’s unique approach to open banking.
“Finexer’s willingness to work closely with us, rather than treating us as just another customer, was truly refreshing,” 
Penny added.


Looking Ahead

The partnership between Finexer and Sysynkt is set to expand as both companies explore new opportunities. “We see Finexer as a long-term partner,” Penny shared. This shared vision highlights the strength of their collaboration and the potential for continued innovation.

Why the Partnership Works

Sysynkt values Finexer for its commitment to excellence across key areas:
  1. Ease of Implementation: Straightforward and seamless integration with Sysynkt’s systems.
  2. Security and Compliance: Reliable, FCA-compliant technology that meets rigorous standards.
  3. Collaboration: A team that’s proactive, supportive, and dedicated to understanding Sysynkt’s needs.
“Finexer is more than a provider—they’re a partner who aligns with our mission to deliver world-class services” 
Penny Phillips, Chief Commercial Officer at Sysynkt.


Conclusion

The partnership between Finexer and Sysynkt showcases how tailored open banking solutions can drive innovation and meet the unique needs of businesses. By working together, they have transformed the way Sysynkt delivers automation solutions to its global client base.“We’re happy with where we are and look forward to growing alongside Finexer” Penny concluded. As Finexer and Sysynkt continue to innovate, their collaboration serves as a testament to the power of shared vision and adaptability in achieving success.


Get Started

Discover how Finexer can transform your business with innovative open banking solutions. Contact us to start your journey!

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