Sankaet Pathak came to the US from India to study computer engineering at the University of Memphis. His experience of not being able to open a bank account due to his immigrant status prompted him to launch a financial services company that could reduce barriers of entry for underbanked or unbanked folks. Through his efforts, Sankaet found that the true barrier to entry was an outdated infrastructure that kept everyday people from accessing best-in-class financial products. Today, Synapse services over 1.8 million end-users and processes over $10 billion in deposits. Many of Synapse’s clients are small FinTech companies offering innovative financial solutions that are both accessible and affordable for end-users.