Synchrony Ventures

Synchrony is a United States financial services company that provides credit and payment options through retailers and other businesses. It serves shoppers who want to spread the cost of purchases and merchants who want to offer that choice.

Services

• Retail credit cards: store-branded and network cards for shopping at partner brands.
• Healthcare financing: payment options for medical and wellness costs.
• Buy now, pay later: purchases paid off in equal instalments.
• Savings products: savings accounts, money market accounts and certificates of deposit through Synchrony Bank.
• Business tools: programme management and advertising tools for partner merchants.

Clients

Consumers across the United States and businesses of all sizes, from small local shops to national retailers. The company also runs a ventures arm that backs entrepreneurs.

Key facts

• Based in: United States
• Banking arm: Synchrony Bank, with FDIC-insured deposits