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PayPal Ventures led a $20m Series A round in Gynger.

Synopsis

PayPal Ventures, an investment company, led a $20m Series A round in Gynger, an AI-powered payments platform, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. “Over the last year, we have experienced tremendous growth and demand. We are revolutionizing how companies buy and sell technology by providing a payments solution that addresses the needs of both vendors and their customers. We are building the future of flexible financing for all technology. We are thrilled to welcome PayPal Ventures as an investor to help push our growth to a whole new level,” Mark Ghermezian, Gynger CEO and Founder.

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