Synder receives $2 million of foreign investment

The Belarusian service Synder raised $ 2 million from large venture funds, including British TMT Investment. The product was developed by the Hi-Tech Park resident CloudBusiness.

Synder is an efficient business tool that automates a significant part of finance management and provides more accurate and fast bookkeeping, monitors sales in one place by different criteria: products, customers or geography.

Synder works with over 20 popular e-commerce and payment platforms, among which Amazon, Shopify, PayPal, Stripe and Square. The volume of transactions via Synder reached $ 1 billion in 2020. According to the developers, today the service is used by more than 20 thousand companies around the world.

CloudBusiness LLC joined Hi-Tech Park in 2018 and develops software products for accounting. The company is headquartered in San Francisco and employs 45 people at its R&D in Minsk.