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PayPal Ventures has led a $20 million Series A funding round into Gynger, a platform that offers companies 'buy now, pay later' options for technology purchases. This round brings Gynger's total funding to $31.7 million. Additionally, Gynger has secured a $100 million debt facility with Community Investment Management. The company aims to help businesses finance, pay, and manage their tech purchases more efficiently. Velvet Sea Ventures, represented by Lazerow, is also involved in this funding round. The Series A round was led by James Loftus at PayPal Ventures.
Massive day for me and my team @gynger_io. We are finally announcing our $20MM Series A, led by @JamesLoftus6 at @PaypalVentures , and closing our $100MM debt facility with Community Investment Management. Also excited to welcome @lazerow with @VelvetSeaVC (lets do this again),… https://t.co/Gl5bCFFBH7
Gynger, which lets companies "finance, pay, and manage" their tech purchases, raised a $20M Series A led by PayPal Ventures, bringing its total raised to $31.7M (@bayareawriter / TechCrunch) https://t.co/cj1qvWJO47 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/wDLWFDKcsw
PayPal Ventures leads $20M round into Gynger, which offers companies ‘buy now, pay later’ for technology purchases: https://t.co/Gri8owZ7CC by TechCrunch #infosec #cybersecurity #technology #news
