Synapse CEO Discusses Challenges of Building APIs

Fresh off a new round of funding led by Andreessen Horowitz Synapse CEO sat down with American Banker to discuss the company’s future; the interview touched on how the company has changed over time and some of the biggest hurdles in creating APIs; they recently added a second direct processor in Mastercard to go along with Visa; the interview also went on to cover improvements they are looking to make to ID verification and what regulators are looking for when building a product like that; the company is also starting a seed investing program to help reduce the barriers to entry when launching financial products. Source.