Add office photos
Employer?
Claim Account for FREE
Synapse
2.7
based on 25 Reviews
Company Overview
Company Locations
Working at Synapse
Company Summary
Overall Rating
2.7/5
based on 25 reviews
27% below
industry average
Critically rated for
Promotions, Salary, Work satisfaction
Work Policy
Monday to Friday
52% employees reported
Strict timing
59% employees reported
No travel
73% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Cafeteria
1 employee reported
View detailed benefits
About Synapse
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Website--
Primary Industry
Other Industries
--
Are you managing Synapse's employer brand? To edit company information,
claim this page for free
Managing your company's employer brand?
Claim this Company Page for FREE
Synapse Ratings
based on 25 reviews
Overall Rating
2.7/5
How AmbitionBox ratings work?
5
0
4
12
3
2
2
2
1
9
Category Ratings
3.0
Skill development
2.8
Company culture
2.7
Job security
2.5
Work-life balance
2.4
Work satisfaction
2.2
Salary
2.2
Promotions
Synapse is rated 2.7 out of 5 stars on AmbitionBox, based on 25 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Synapse Reviews
Top mentions in Synapse Reviews
Compare Synapse with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.7/5 based on 25 reviews | 3.7/5 based on 89.1k reviews | 3.7/5 based on 52.7k reviews | 3.8/5 based on 56k reviews |
Highly Rated for | No highly rated category | Job security Work-life balance | Job security | Skill development Job security Company culture |
Critically Rated for | Salary Promotions Work satisfaction | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 80% employees reported | Hybrid 61% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | 2.5 Poor rated by 14 women | 3.8 Good rated by 25.8k women | 3.8 Good rated by 15.1k women | 3.9 Good rated by 21k women |
Rating by Men Employees | 2.8 Poor rated by 7 men | 3.6 Good rated by 58.1k men | 3.7 Good rated by 35.2k men | 3.8 Good rated by 32.4k men |
Job security | 2.7 Poor | 4.5 Good | 3.8 Good | 3.8 Good |
View more
Synapse Salaries
Synapse salaries have received with an average score of 2.2 out of 5 by 25 employees.
Software Developer
(16 salaries)
Unlock
₹3 L/yr - ₹9 L/yr
Senior Software Engineer
(6 salaries)
Unlock
₹4.3 L/yr - ₹8.4 L/yr
Project Manager
(5 salaries)
Unlock
₹8.4 L/yr - ₹12 L/yr
Public Relation Executive
(5 salaries)
Unlock
₹1.2 L/yr - ₹2.4 L/yr
UI/UX Designer
(5 salaries)
Unlock
₹3 L/yr - ₹13.2 L/yr
Business Development Executive
(4 salaries)
Unlock
₹3 L/yr - ₹4.8 L/yr
Digital Marketing Executive
(4 salaries)
Unlock
₹2.6 L/yr - ₹3.6 L/yr
Software Tester
(4 salaries)
Unlock
₹1.3 L/yr - ₹5 L/yr
Senior Software Developer
(4 salaries)
Unlock
₹6 L/yr - ₹10 L/yr
Quality Analyst
(4 salaries)
Unlock
₹3.1 L/yr - ₹6.1 L/yr
Synapse News
Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
- A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse.
- The grand jury has questioned an executive who sounded alarms before the company’s collapse.
- Federal prosecutors in New York are investigating the collapse, with focus on fraud and other possible felonies.
- Synapse's bankruptcy has also led to civil actions by customers against its partner banks.
Pymnts | 21 Feb, 2025
Report: FDIC Begins Monitoring FinTechs That Partner With Banks
- The Federal Deposit Insurance Corporation (FDIC) has started monitoring FinTechs that partner with banks to identify potential problems.
- The monitoring system allows FDIC examiners to track FinTechs and their partnerships, even when they switch banking partners.
- The FDIC implemented this system after the bankruptcy of BaaS startup Synapse.
- The monitoring system is in place to complement the existing oversight of banks and ensure the financial safety of FinTechs and their partners.
Pymnts | 5 Dec, 2024
Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
- A class action suit has been filed against Synapse's partner banks, highlighting the risks of commingled funds in the FinTech industry.
- The suit alleges 'gross mismanagement' of deposits tied to the FinTech platforms, resulting in the loss of customer funds.
- The partner banks are accused of failing to adequately maintain and safeguard customers' funds.
- The lawsuit sheds light on the complexities of the relationships between FinTechs, partner banks, and for-benefit-of (FBO) accounts.
Pymnts | 3 Dec, 2024
Evolve: ‘Vast Majority’ of Synapse End User Funds Are at Other Banks
- Evolve Bank & Trust reported that the majority of end user funds related to the Synapse Financial Technologies bankruptcy were moved to other banks about a year ago.
- Evolve continues to look for the funds but can only provide a partial answer to end users due to limited available data.
- The bank believes that other banks' transaction data will help determine the location of the funds.
- Synapse, a banking-as-a-service provider, collapsed in April and its fallout has impacted multiple banks, including Evolve.
Pymnts | 28 Nov, 2024
Powered by
Compare Synapse with
Cognizant
3.8
Capgemini
3.7
Infosys
3.6
HCLTech
3.5
Tech Mahindra
3.5
Genpact
3.8
IBM
4.0
LTIMindtree
3.8
DXC Technology
3.7
Mphasis
3.4
Sutherland Global Services
3.6
Hexaware Technologies
3.5
HCL Group
3.6
eClerx
3.3
L&T Technology Services
3.3
Coforge
3.3
Virtusa Consulting Services
3.8
CGI Group
4.0
Cyient
3.6
GlobalLogic
3.6
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Synapse
HCLTech
Telecom, Education & Training, Hardware & Networking, Banking, Emerging Technologies, IT Services & Consulting, Software Product
3.5
• 35.9k reviews
Tech Mahindra
BPO/KPO, Consulting, Analytics & KPO, Engineering & Construction, IT Services & Consulting
3.5
• 34.9k reviews
LTIMindtree
BPO/KPO, IT Services & Consulting
3.8
• 20.9k reviews
DXC Technology
IT Services & Consulting
3.7
• 10k reviews
Synapse FAQs
Does Synapse have good work-life balance?
Synapse has a work-life balance rating of 2.5 out of 5 based on 20+ employee reviews on AmbitionBox. 52% employees rated Synapse 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Synapse reviews for more details
Is Synapse good for career growth?
Career growth at Synapse is rated as poor, with a promotions and appraisal rating of 2.2. 52% employees rated Synapse 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Synapse reviews for more detailed insights.
What are the cons of working in Synapse?
Working at Synapse does have some drawbacks that potential employees should consider. The company is poorly rated for salary & benefits, promotions / appraisal and work satisfaction, based on 20+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
