audax & Synpulse build contextual banking solutions for Banks and FIs

By Gloria Mathias

audax Financial Technology (audax), a comprehensive digital banking technology solutions provider, and Synpulse, a global consultancy, have partnered to create tailored, customer-centric solutions for incumbent banks and financial institutions to modernise their existing infrastructure quickly.

While Europe enjoys high levels of financial access, with established institutions serving a largely banked population, the demand for embedded financially and contextual banking solutions is growing. Consumers expect seamless and integrated financial services, and with audax and Synpulse’s combined expertise, European banks can quickly meet these needs and tap into the rapidly expanding embedded finance market.

In contrast, a substantial proportion of the population in Southeast Asia and the Middle East remains underbanked, with at least 70% in Southeast Asia and 60% in the Middle East lacking adequate banking services. audax and Synpulse enable these banks to rapidly launch BaaS propositions and provide essential banking solutions to underserved communities. This breakdown of traditional silos creates new opportunities for banks, financial institutions, and their ecosystem partners to meet the evolving needs of modern, digital-first customers across Southeast Asia, the Middle East, Europe, and beyond.

“We are excited to combine audax’s expertise with Synpulse and bring to life this flexible, cloud-centric solution to infrastructure modernisation. Together, we look forward to enabling banks to future-proof their technology stack,” said Mike Breen, Chief Commercial Officer at audax. “By leveraging our combined strengths, we’re setting a new standard for agile, resilient banking infrastructure that paves the way for greater financial inclusion and service innovation. Our joint solution is set to play a crucial role in democratising access to financial services and fostering economic growth across the Southeast Asia and Middle East regions while supporting European institutions in meeting the growing demand for embedded finance and modernisation of incumbent technology.”

Andreas Neidhart-Lau, Head of Retail & SME Banking APAC at Synpulse, added, “Our collaboration with audax marks a significant milestone in our commitment to helping financial institutions thrive in a rapidly changing landscape. This partnership is about more than upgrading systems; we’re accelerating the pace of innovation, creating operational efficiencies, and fostering more inclusive financial ecosystems.”