Gynger

Gynger is the first AI-powered payments platform with embedded financing designed for the unique needs of buyers and sellers of technology. It enables businesses to pay for their technology expenses upfront while paying back the financing over time, resulting in cost savings, extended runway and improved cash flow.

Gynger is designed to make paying for technology expenses easy and flexible, providing a simple and integrated financing experience. Some of the key features include:

• Seamless Sign Up: Apply in five minutes and get access to credit the next business day.
• Streamline Payables: Pay, finance and manage all of your tech expenses from one place.
• Flexible Terms: Set custom payment terms for each tech expense financed.
• Founder Friendly: Get unsecured financing with no warrants or personal guarantees.

Gynger's platform is designed to be easy to use, so businesses can get started fast and manage their technology expenses with ease. Customers can upload invoices, set custom repayment terms and have Gynger pay their vendors in one business day. This means businesses can focus on growth, not complicated payment schedules.

Gynger is for any business that purchases software or infrastructure. The platform is particularly useful for businesses that want to improve their cash flow and extend their runway by breaking up large expenses into smaller payments. Customers can finance software, hardware and cloud infrastructure, so it's a flexible solution for a wide range of technology expenses.

The pricing is a flat fee on the total loan amount, and it varies depending on the repayment terms. Gynger offers commercial debt in the form of closed-end loans for each financed contract, with no interest rates or warrants.

Gynger is built with security in mind, using the secure-by-design infrastructure of Google Cloud Platform and industry leading tools like Alloy and Plaid for identity and financial verification.

Gynger is great for businesses that want flexible financing options for their technology expenses, streamlining procurement and enabling companies to make more thoughtful decisions about their tech stacks. It's particularly useful for companies that want to avoid the cash flow problems that can come with large upfront payments for technology.

Published on June 14, 2024