Gynger, an embedded financing platform for technology purchases, raised $20 million in a Series A round led by PayPal Ventures, and secured up to $100 million in a debt facility from Community Investment Management. The funding will help Gynger scale operations and develop its platform into a comprehensive payment solution for technology transactions. Gynger’s platform offers flexible payment terms, enhancing business cash flow management and facilitating technology purchases for many customers, from startups to pre-IPO companies.
Gynger Secures $20 Million in Series A Funding to Revolutionize Corporate Technology Purchasing