Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech. Algebra Ventures and Silicon Badia also took part in the round. The new funding brings Synapse Analytics’ total raised to $17 million since it started.
The company builds AI-powered, agentic decision-making and risk infrastructure for regulated financial institutions. Its goal is to drive AI-powered decisioning for banks and other financial players.
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Synapse Analytics was founded in 2018 by Ahmed Abaza and Galal Elbeshbishy. It started out in Cairo and is now headquartered in Abu Dhabi, UAE. The platform lets banks and other regulated institutions build, test, and manage their own credit and risk policies while keeping full control of their data.
COO Elbeshbishy said the company is working with banks, fintechs, and other firms to build intelligent agents that work alongside their teams. He said these agents help institutions spot new opportunities and risks, grow their portfolios, and react quickly as markets and borrower behaviour change.
The new capital will go toward scaling the team, speeding up product development, and expanding into new international markets. Synapse Analytics already works with banks, non-banking financial institutions, fintechs, and telecom companies across the Middle East, Africa, and Latin America. The company says its technology has supported more than $200 million in lending and has helped clients cut non-performing loans by up to 40%.
The deal lands at a busy moment for Egyptian and Gulf fintech funding. Wamda’s H1 2026 report found Egyptian startups raised nearly $159 million across 29 deals in the first half of the year, with fintech leading as the top sector.
Last updated: September 14, 2026
