Power Corporation-allied Diagram Ventures helped Synctera pick up $12.4m in a round announced as the financial technology marketplace publicly launched.

US-based fintech software marketplace Synctera emerged from stealth yesterday with $12.4m in seed funding from investors including Diagram Ventures, an investment firm indirectly supported by financial conglomerate Power Corporation.

The round was led by venture capital firm Lightspeed Venture Partners and backed by multiple angel investors including Max Levchin and Zachary Perret.

Founded earlier this year, Synctera runs a marketplace enabling financial institutions such as banks and credit unions to search a database of financial technology product providers to implement…

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