Gynger
The startup offers a sales acceleration platform that provides custom financing solutions to pre-qualified leads, integrating software management with financial services. By underwriting and issuing loans with flexible EMI options, the platform enhances cash flow for businesses, facilitating quicker deal closures.
- Artificial Intelligence
- Enterprise Software
- Financial Technology
- Software Only
Funding
Raised to date
$147.6MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Startups and growing businesses often face challenges in managing cash flow and accessing necessary technology due to budget constraints and the need to preserve capital. Traditional financing options can be restrictive, dilutive, or require personal guarantees, hindering growth and flexibility.
Solution
Gynger provides an AI-powered payment platform with embedded financing solutions tailored for technology buyers and sellers. For buyers, Gynger offers flexible payment terms for software, cloud infrastructure, and hardware, enabling them to conserve cash, unlock vendor discounts, and streamline payables. For vendors, Gynger accelerates revenue by enabling them to offer flexible payment options to customers while receiving upfront payments, shortening sales cycles and improving cash flow. Gynger integrates into existing accounting systems and CRMs, providing a seamless experience for managing technology expenses and receivables.
Target Audience
Gynger serves technology buyers, including startups and growing businesses, seeking flexible payment options to manage cash flow, and technology vendors looking to accelerate revenue and offer customer-centric payment solutions.
Features
- Flexible payment terms for technology expenses, including software, cloud infrastructure, and hardware
- Non-dilutive financing options without warrants, commitments, or usage requirements
- AI-powered platform for fast approvals and pre-qualification
- Virtual cards for managing monthly recurring payments and organizing accounts payable
- Integration with accounting systems, banks, and CRM platforms
- AP Financing: Access flexible payment terms for tech bills
- AR Financing: Convert receivables into capital
- Embedded payment experience: Plug Gynger Pay into invoicing and online checkout flows