Synapse Analytics

Synapse Analytics, founded in 2018, builds AI-powered credit risk automation for financial institutions. Its platform covers the whole credit lifecycle: customer onboarding and identity verification, AI-driven credit scoring, policy workflows, and real-time portfolio monitoring. Banks, fintechs, SME lenders and telecoms use it to make faster credit decisions at scale, with more than $150 million in loans facilitated to date.

The technical work spans machine learning and AutoML, credit scoring and risk modelling, alternative data analytics drawing on telco and utility records, identity verification, and no-code AI-native orchestration and workflow automation. A second product, a no-code orchestration platform, puts simulations, insights and AutoML capabilities in the hands of risk officers, who can configure and adjust the loan lifecycle without engineering support.

Reported outcomes among customers include a 40% reduction in non-performing loans, a 90% cut in onboarding time, a 95% reduction in data extraction errors and 5x growth in customer acquisition. The company is headquartered in Cairo, Egypt, with an office in Abu Dhabi, UAE, and serves lenders across the MENA region, including Egypt, Saudi Arabia, Jordan, Iraq and the United Arab Emirates.

Founded by Ahmed Abaza and Galal Elbeshbeshy, Synapse Analytics states a focus on financial inclusion, helping lenders reach previously unbanked markets.