About
Syncopa Labs helps developers of mobile wallet applications achieve higher acceptance and engagement with customers, provide 100% availability for mobile payments, and increase the number of transactions via mobile wallet apps. Syncopa's technology enables magnetic, chip-and-PIN, and NFC transactions via smartphones, automatically selecting the best card to use from customers' available cards based on the provider's interest and the customer's location and financial benefits. The solution involves a field-programmable card that uses BLE to communicate with a smartphone and emulates magnetic strip/chip cards, while a server and smartphone app determine the user's location and automatically select the best configuration for each transaction.
Company Intelligence Q&A
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- What is the primary focus of Syncopa Labs?
- Syncopa Labs focuses on helping developers of mobile wallet applications improve customer acceptance, engagement, and transaction volume by providing 100% availability for mobile payments.
- What core technology does Syncopa Labs utilize for mobile payments?
- Syncopa Labs' technology enables magnetic, chip-and-PIN, and NFC transactions via smartphones. It uses a field-programmable card with BLE communication to a smartphone, which emulates magnetic strip/chip cards.
- When was Syncopa Labs founded?
- Syncopa Labs was founded in February 2015.
- What is the current operational status of Syncopa Labs?
- Syncopa Labs is currently inactive, with its status changed in December 2017.
- Where is Syncopa Labs headquartered?
- Syncopa Labs is headquartered in Bnei Ayish, Center District, Israel.
- How many employees did Syncopa Labs have?
- Syncopa Labs had between 1 and 10 employees, with an exact count of 6.
- What is Syncopa Labs' primary sector classification?
- Syncopa Labs' primary sector classification is Fintech & Insurtech.
- Who is a known founder of Syncopa Labs?
- Duli Yariv is a founder of Syncopa Labs.
- What is the current funding stage of Syncopa Labs?
- Syncopa Labs is currently in the Pre-Funding stage and has not raised any reported capital.