Fundz

Fynn Raises $36M For A Platform To Finance Students In Vocational Education

PRIVATEMar 07, 2023

Amount Raised

$36 Million

Round Type

Funding Round

New YorkFinancial ServicesLending

Description

When people think of the funding crisis in further education, thoughts normally turn to the rising price of a typical four-year college degree. But that’s not the only financial gap that exists: those who want to pursue hands-on careers in trades like medical technicians, automotive mechanics, welding, carpentry or air conditioning specialists also regularly find themselves out of pocket when it comes to paying for the required training that many of these jobs need. A startup called Fynn that has built a financing platform for these vocational hopefuls — a “SoFi for trade students” in a sense. It currently works with around 150 technical colleges in the U.S., and now with some traction — $4 million loaned since the platform first went live in the summer of 2022 — today it’s announcing $36 million in funding to continue building out its business.

Quick answer

Fynn raised $36 Million in a Funding Round round, dated March 7, 2023. Fynn is based in New York, New York, United States.

How much did Fynn raise?
Fynn raised $36 Million in a Funding Round round on March 7, 2023.
What does Fynn do?
Fynn | Flexible Private Student Loans
Where is Fynn based and how big is it?
Fynn is based in New York, New York, United States.
Who are the decision-makers at Fynn?
Fundz holds 1 contact at Fynn. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Fynn

Location

New York, New York, United States

About

Fynn | Flexible Private Student Loans

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