Syro
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Syro (originally Paysail) is a San Francisco-based fintech founded in 2020 by Liam Brennan-Burke and Nicole Alonso. It uses asset-backed stablecoins to provide a global B2B invoicing solution: businesses generate and send invoices in a single motion, recipients get a digital invoice by email with the option to pay immediately, and funds are accessible instantly without fees. It raised a $4 million seed round in January 2022 from Uncork Capital, Pear, The Fintech Fund, and Flori Ventures. No failure has been reported.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Syro (originally Paysail) was founded in San Francisco by Liam Brennan-Burke and Nicole Alonso to build instant B2B invoicing on stablecoins.
- Seed round
Syro raised $4 million in seed funding from Uncork Capital, Pear, The Fintech Fund, and Flori Ventures.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.