Gynger secures $20 million in Series A funding led by PayPal Ventures to revolutionize corporate technology purchasing.
Amount Raised
$20 Million
Round Type
Series A
New YorkFinancial ServicesFintechLendingInvestors
Description
Gynger, the first embedded financing platform for technology purchases, has announced the close of up to $100 million debt facility to fuel its growth as it pioneers the rapidly expanding tech purchasing landscape. The funding will be used to scale its team and operations and accelerate its vision of transforming its embedded financing platform into a full-scale payments solution for buying and selling of technology.
Quick answer
Gynger raised $20 Million in a Series A round, dated June 20, 2024. Investors: Deciens Capital, Bag Ventures, Velvet Sea Ventures, Gradient Ventures and Pay Pal Ventures. Gynger is based in New York, New York, United States.
- How much did Gynger raise?
- Gynger raised $20 Million in a Series A round on June 20, 2024.
- Who invested in Gynger?
- Deciens Capital, Bag Ventures, Velvet Sea Ventures, Gradient Ventures and Pay Pal Ventures are named as investors in this round.
- What does Gynger do?
- Gynger is the first embedded financing platform for technology purchases.
- Where is Gynger based and how big is it?
- Gynger is based in New York, New York, United States.
- Who are the decision-makers at Gynger?
- Fundz holds 1 contact at Gynger. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Gynger that raised within 45 days of this round, from Fundz verified event records.
- Clix Capital raised $20M on August 1, 2024.
- Digitt raised $50M (Funding Round) on July 24, 2024.
- Seeds Fincap Pvt. Ltd raised $8.5M (Series A) on July 17, 2024.
- Netevia raised $120M (Debt Financing) on July 8, 2024.
- Lxme raised $1.2M (Seed) on June 25, 2024.
- GBank Financial Holdings raised $3.3M on June 25, 2024.
Who to call at Gynger, and when
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- An alert the day Gynger raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gynger, from your own LinkedIn network
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Funding Insights
What this usually meansGynger raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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