Businesses today are reliant on software, and without it, they will struggle to launch, build or scale - but the right infrastructure comes at a price. Gynger is a payments platform for the buyers and sellers of technology, looking to revamp how corporations purchase the tech they need.
Alongside Gynger's ‘buy now, pay later’ product for technology purchases, it also offers embedded financing solutions for both sides of a sale. Finance teams' cash burn is reduced through Gynger's flexible payment terms, whilst also reducing friction for sellers. The platform also enables businesses to pay, finance and manage all of their technology expenses from one place.
Gynger has already facilitated thousands of payments across hundreds of vendors such as AWS, Salesforce and HubSpot. Its approach is certainly interesting and has piqued the interest of investors. Its funding will be used to scale its team and operations and accelerate the roadmap to its vision.
Freddie
Company Specialist at Welcome to the Jungle