Synchrony Financial

Synchrony Financial is one of the nation’s premier consumer financial services companies.

Launch date

1932

Employees

5001-10000 people

Market cap

Enterprise valuation

€20.7b (Public information from Sep 2024)

Stamford Connecticut (HQ)

https://www.synchrony.com/

https://twitter.com/syfnews https://www.facebook.com/synchronyfinancial https://www.linkedin.com/company/synchrony-financial/

Revenues, earnings & profits over time

EUR	2020	2021	2022	2023	2024	2025	2026
Revenues	10.1b	9.3b	10.6b	12.4b	14.0b	13.5b	14.4b
% growth	(16 %)	(9 %)	15 %	17 %	13 %	(3 %)	6 %
Profit	1.2b	3.8b	2.7b	2.0b	2.8b	2.1b	2.4b
% profit margin	12 %	41 %	25 %	16 %	20 %	15 %	17 %
EV / revenue	2.2x	3.1x	1.6x	1.3x	1.6x	1.6x	1.2x

Date	Investors	Amount	Round
Feb 2006	NewVa Capital Partners Third Security LLC	$5.0m	Series A
Nov 2007	NewVa Capital Partners Third Security LLC	$10.0m	Series B
Jan 2010	N/A	$10.0m	Series C
Mar 2011	N/A	$5.0m	Debt
Aug 2014	N/A	N/A	IPO
Feb 2024*	N/A	$500m	Post IPO Equity
Total Funding		€22.7m

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 15

By Industry

Fintech 9 Enterprise Software 4 Marketing 3 Security 2 Health 2 Education 1 Semiconductors 1

By Round

ACQUISITION 2 SERIES C 2 SERIES D 2 LATE VC 1 SERIES F 1 SERIES A 1 SEED 1

Pets Best Insurance

ACQUISITION by Synchrony Financial Mar 2019

ACQUISITION by Synchrony Financial Mar 2017

ACQUISITION by Empower Apr 2024