Synctera adds FinTech and banking leader Yvette Butler to its board

Synctera adds FinTech and banking leader Yvette Butler to its board
Synctera adds FinTech and banking leader Yvette Butler to its board

SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech platform that helps innovators bring financial products to market more efficiently, today announced the addition of Yvette Butler, former President of Private Banking & Wealth Management at Silicon Valley Bank (SVB), to its Board of Directors .

Yvette Butler, a successful banking and FinTech executive, joins the Synctera board as its first independent member. The news comes as the company makes deeper investments in its leadership team and employee organization announcing the hiring of its first Chief People Officer, Stella Monteiro, in early August. In addition to new leadership updates, Synctera continues to add FinTechs and banks to its client roster and now supports over one million end users on their platform, driving triple-digit quarter-over-quarter growth in their top line.

“I am incredibly passionate about creating better access to financial services so that everyone can easily build generational wealth and manage their financial lives,” said Yvette. “Banking and transactional apps are plentiful, but gaps still exist. As a FinTech entrepreneur growing my own company, I see how impactful the services Synctera provides to developers like me to help underbanked communities.”

Yvette has over 35 years of experience building within the financial sector, having worked in companies, banks and startups. Today, Yvette is the CEO and founder of Hive Wealth, a community-first FinTech that helps people grow their wealth and leave a legacy for future generations. Hive Wealth recently announced that it received funding from SVB Financial Group and Black Tech Nation Ventures, setting the company up for expansion.

Prior to joining Synctera, Yvette was president of Private Banking & Wealth Management at SVB, with previous leadership roles at Capital One, Charles Schwab, E*Trade and Wells Fargo. Yvette also holds board roles in Voya Financial and Hillcrest Finance LLC.

In addition to her passion for banking, Yvette is an advocate for women and leadership development. Yvette was named to The Washingtonian’s prestigious list of the Most Powerful Women in Washington in 2017, Savoy’s 100 Most Influential Black Leaders in 2020, and Savoy’s Most Influential Black Directors in 2021.

“Yvette is an amazing talent and I look forward to using her depth of knowledge and experience as Synctera prepares for its next stage of growth,” said Peter Hazlehurst, co-founder and CEO of Synctera. “Yvette brings much-needed banking and FinTech perspectives to the table, and we couldn’t be more excited to have her help expand the company’s mission to unlock human potential through financial innovation.”

More information about Synctera can be found at www.synctera.com

About Synctera

Launched in 2020, Synctera is driving the future of FinTech. Its end-to-end platform and guided, personalized experiences help FinTech builders create world-class products with embedded banking, card issuance and more. Synctera’s unique programs enable transparent, efficient partnerships between compatible FinTech builders and community banks, whether a FinTech builder wants to quickly launch an MVP or scale a full-fledged offering. Everyone wins – FinTech builders create, launch and scale great products, fast and community banks gain access to new revenue streams and markets.

Learn more at www.synctera.com.

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