“Can a B2B BNPL platform for technology purchases become the full-stack cash-flow operating system for both buyers and sellers of software?”
Founded in 2021 as a lender specifically for B2B software and infrastructure purchases — essentially BNPL for tech spend. Initially focused on buyers (startups buying SaaS tools), Gynger evolved into a two-sided platform: buyers can finance tech bills while sellers (technology vendors) can advance cash on receivables and offer flexible payment terms to their own customers. By 2024 the company repositioned as a 'full-scale payments solution for buying and selling of technology', adding virtual cards, AR financing, and white-labeled checkout flows for sellers.
Gynger discloses Community Federal Savings Bank as its banking provider, according to the Embedded Finance Index 2026.
Gynger does not disclose a bank charter of its own; its banking services are provided through Community Federal Savings Bank.
The Embedded Finance Index 2026 maps 3 layers in Gynger's stack: Banking / BaaS (Community Federal Savings Bank); Lending (Bill financing (B2B BNPL for tech purchases), Reimbursement capital (past tech bill cash-back), AR financing / Capital AR (receivables advance), Virtual card (flexible AP) and 2 others); Sponsor bank (Community Federal Savings Bank).
Gynger was founded by Mark Ghermezian and is founded in 2021, headquartered in New York, NY, USA.
Gynger has raised $31.7M equity + $100M debt facility in total (latest round: Series A, June 2024).
Get a read on where your own stack stands against Gynger and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.