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.

About Gynger

Simplify's Rating
Why Gynger is rated
C
Rated C on Competitive Edge
Rated B 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

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Simplify's Take

What believers are saying

  • Gynger’s February 2026 subscriptions release targets recurring-billing vendors directly.
  • GMI Cloud partnered with Gynger on December 4, 2024 for AI infrastructure sales.
  • Gynger’s 2024 cases cited Snowflake, Salesforce, AWS, and Cisco.

What critics are saying

  • Gynger depends on CIM’s 2024 debt facility; underwriting losses hit cash first.
  • 2026 product expansion signals core functionality still maturing against larger incumbents.
  • If losses rise and fundraising stalls, Gynger’s financing engine collapses.

What makes Gynger unique

  • Gynger underwrites unsecured tech-purchase financing in under 10 minutes.
  • PayPal Ventures led Gynger’s June 2024 Series A, validating distribution.
  • February 2026 subscriptions automation broadens Gynger beyond one-off software purchases.

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Funding

Total Funding

$141.7M

Above

Industry Average

Funded Over

4 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Gynger
$30M
Kalshi

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

-3%

1 year growth

3%

2 year growth

3%
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.

WV News
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.

PulseDirect Communication LLC
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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