Cyder

Toronto, Canada · Founded 2022 · Privately Held (backing)

Developer of a fintech loyalty platform designed to help credit unions and community banks compete in a digital-first financial ecosystem. Cyder is based in Toronto, Canada and was founded in 2022. Its last reported valuation was $9.7 million in Jan 2026. It has raised $2.4 million.

Last reported valuation
$9.7M
Oct 2026
Priced at
—
Total raised
$2.4M
Last round
—

Cyder key facts

as of Oct 2026
  • Developer of a fintech loyalty platform designed to help credit unions and community banks compete in a digital-first financial ecosystem.
  • Cyder is valued at approximately $9.7M as of Oct 2026 (last reported valuation).
  • It has raised $2.4M; the latest was Early Stage VC ($2.2M) in Jan 2026.
  • Notable investors include Berkeley SkyDeck, Tampa Bay Wave, MaRS Investment Accelerator Fund, Graphite Ventures, Desjardins Capital — 10 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$9.7M

Cyder's last reported valuation, Jan 2026. Nothing priced has surfaced since.

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Cyder funding rounds

No rounds on record

No funding rounds for Cyder are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Cyder valuation

Cyder's last reported valuation was $9.7 million in Jan 2026. No priced round, secondary trade or fund mark has surfaced since.

Cyder investors

10 investors are on record for Cyder, including Berkeley SkyDeck, Tampa Bay Wave, MaRS Investment Accelerator Fund and Graphite Ventures.

About Cyder

Developer of a fintech loyalty platform designed to help credit unions and community banks compete in a digital-first financial ecosystem. The company offers a white-label rewards solution that incentivizes everyday banking behaviors, such as saving, loan repayment, and local spending, through data-driven insights, turnkey integrations, and a growing partner network, enabling financial institutions to deepen member relationships, strengthen community engagement, and drive sustainable deposit and revenue growth.

Sector
Information Technology
HQ
Toronto, Canada
Founded
2022
Employees
12
Ownership
Privately Held (backing)

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