Syncada

Syncada is a global financial supply chain network that offers business-to-business payments in the cloud under the software as a service (SaaS) model.

Syncada from Visa
Company typeSubsidiary
IndustryFinancial services
Founded2009 (2009)
HeadquartersAT&T Tower
Minneapolis, MN, U.S.
Key people
Kurt Schneiber
(CEO)

Bill Henneman
(CFO)
Liz Fortier
(Chief Legal Counsel)
Kay LaBare
(CIO)

Kathleen Nugent
(Global Head of Product Solutions)

Craig Bongart
(Global Head of Relationship Management)
Cedric Bru
(Global Head of Sales, Marketing & Business Development)
Mary Jo Jordan
(Chief Customer Officer)
Laura Warner
(Director of Human Resources)
ProductsPayment systems
Freight payments
Freight audit
Number of employees
590
ParentU.S. Bancorp
Websitewww.syncada.com

A joint venture between Visa and U.S. Bancorp, Syncada launched in July 2009. U.S. Bank was Syncada's first bank customer. Commerce Bank was the second to join the network in 2010. In March 2011, Citibank became the third bank to use the network.

US Bank has bought back the shares of Syncada from Visa and Syncada is being functionalized within US Bank Corporate Payments Group.

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