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About Gynger
Industries
Enterprise Software
Fintech
AI & Machine Learning
Financial Services
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$141.7M
Headquarters
New York City, New York
Founded
2021
Overview
Gynger provides AI-powered payments with embedded unsecured financing for technology buyers and sellers. It lets companies apply for credit; if approved, they access funds next business day to pay for tech expenses, then repay on a custom plan. All tech spending is managed from a single dashboard, simplifying procurement and cash flow. Unlike many fintechs, its financing is unsecured and tailored specifically to technology purchases.
Simplify's Take
What believers are saying
- GMI Cloud partnership in December 2024 expands into AI GPU infrastructure financing.
- $20M Series A from PayPal Ventures and $100M CIM debt fuel rapid scaling.
- Integrations with Salesforce, AWS, and Datadog create sticky network effects.
What critics are saying
- Stripe Capital and Brex undercut Gynger's economics with bundled payments.
- Credit losses spike in 2026 downturn, breaching CIM debt covenants.
- Snowflake or AWS builds proprietary BNPL, slashing 20% transaction volume.
What makes Gynger unique
- Gynger offers AI-powered embedded financing exclusively for technology purchases.
- Next-day credit approval with no-code integrations for SaaS vendors like Snowflake and AWS.
- AP financing refunds already-paid tech bills, freeing immediate working capital.
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Funding
Total Funding
$141.7M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Hybrid Work Options
Company Equity
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 8%SAN JOSE, Calif., Dec. 4, 2024 /PRNewswire/ - Gynger, the leading flexible payments provider for B2B tech sales, has partnered with GMI Cloud, a leading AI-native GPU cloud provider, to connect AI builders to the latest in neo cloud solutions.
The growing importance of seamless, customer-centric financial solutions has transformed today’s digital economy. And innovations like embedded lending have revolutionized the financial services ecosystem by increasingly placing small and medium-sized businesses (SMBs) at the center of this transformative shift. In the new, emerging financial services landscape, SMBs are now wielding unprecedented influence over the development and delivery of financial products — making the digital commerce landscape more deterministic rather than reactive. Instead of choosing to accept certain forms of payment due to a fear of missing out (FOMO) on customer business, or playing catch-up to their larger peers and competitors, SMBs are now finding themselves able to design each step of the commerce experience to deliver the outcome they ultimately desire
Gynger, the embedded financing platform for technology purchases, has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital.
New York - Gynger, a platform specializing in providing capital to companies for technology purchases, has secured $20 million in a Series A funding round led by PayPal Ventures, as exclusively disclosed to TechCrunch.
In addition to the equity raise, Gynger has secured a $25 million debt facility from Community Investment Management (CIM).
Gynger is Hiring for 1 Jobs on Simplify!
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About Gynger
Industries
Enterprise Software
Fintech
AI & Machine Learning
Financial Services
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$141.7M
Headquarters
New York City, New York
Founded
2021
Gynger is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today