Gynger

Gynger

AI-powered payments platform with embedded financing

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.

Significant Headcount Growth

About Gynger

Simplify's Rating
Why Gynger is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

AI & Machine Learning

Financial Services

Company Size

11-50

Company Stage

Series A

Total Funding

$141.7M

Headquarters

New York City, New York

Founded

2021

People at Gynger

People at Gynger who can refer or advise you

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Simplify's Take

What believers are saying

  • PayPal Ventures led $20M Series A enabling large-scale tech financing as of June 2024.
  • GMI Cloud partnership accelerates sales for AI builders accessing GPU cloud infrastructure.
  • Vendor App with bespoke financing offers launched in September 2024 streamlines fee subsidies.

What critics are saying

  • Unsecured credit defaults hit 45–60% in 9–15 months, risking covenant breach and rate hikes.
  • Stripe or Square embed similar financing in 12–18 months, threatening Gynger's narrow moat.
  • PayPal Ventures may withdraw capital amid fintech slowdown, causing immediate funding gap and insolvency risk.

What makes Gynger unique

  • Gynger is the first embedded financing platform for B2B technology purchases.
  • It uses AI-driven underwriting to approve credit within 10 minutes.
  • Gynger offers unsecured credit lines without collateral or personal guarantees.

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Funding

Total Funding

$141.7M

Above

Industry Average

Funded Over

4 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Hybrid Work Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

9%

2 year growth

13%
Founderland
Jul 2nd, 2026
PayPal Ventures leads $20M Series A into Gynger's embedded B2B financing platform

Gynger, an embedded financing platform for B2B technology purchases, has raised $20 million in Series A funding led by PayPal Ventures, alongside a $100 million debt facility from Community Investment Management. The round brings total funding to $41.7 million, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Founded in 2021 by Braze co-founder Mark Ghermezian, Gynger provides unsecured credit lines to technology buyers whilst paying vendors immediately. The platform uses AI-driven underwriting to process applications in under 10 minutes. Recent case studies report 95% close rates and 30% faster sales cycles. The New York startup has processed payments for Snowflake, Salesforce, AWS and Cisco. The equity funding will support headcount and product development, whilst the debt facility enables large-scale purchase financing.

WVNEWS
Dec 4th, 2024
GMI Cloud and Gynger Announce Partnership to Provide Flexible Payment Solutions For Businesses

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.

PYMNTS
Jul 8th, 2024
Embedded Lending Puts Smbs At Center Of Financial Services Landscape

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

IBS Intelligence
Jun 24th, 2024
Gynger secures $20m in Series A and $100m in debt facility from PayPal Ventures

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.

Digital Market Reports
Jun 21st, 2024
PayPal Ventures leads a $20M investment in Gynger, facilitating 'buy now, pay later' options for tech purchases.

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.

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