Gynger recognized for achievements in Embedded Finance

NEW YORK, October 24, 2024 – CB Insights today named Gynger, the leading B2B embedded financing platform, to its seventh annual Fintech 100, showcasing the 100 most promising private fintech companies in the world.

“The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services,” said Laura Kennedy, Principal Analyst at CB Insights. “Unsurprisingly, this year’s cohort is deploying AI across a wide variety of solutions. But they’re also diverse in their reach in emerging and developing economies, and focus on everything from fraud prevention to financial inclusion.”

“We are super excited to be part of this short list of innovative fintech startups,” commented Mark Ghermazian, Founder and CEO of Gynger. “We are proud pioneers of B2B embedded financing and look forward to continuing to expand access to technology through flexible payment solutions. This announcement is a testament to the dedication of our Gynger team, partners, and customers who have been integral to our success.”

The list primarily includes early- and mid-stage startups driving innovation across fintech. Our research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, employee headcount, and proprietary Commercial Maturity and Mosaic scores. We also dug into Analyst Briefings submitted directly to us by startups.

Gynger is the leading embedded, flexible payments solution for buyers and sellers of technology. With Gynger, technology vendors can extend turnkey flexible payment options to their customers and remove barriers to sale. Buyers who leverage this non-dilutive financing can seamlessly access mission-critical technology, avoid paying big bills up front, and spread around their spend strategically.

Quick facts on the 2024 Fintech 100:

• The 100 winners include 13 wealth management companies, 11 in embedded finance, and 10 in insurance.

• The 2024 cohort is deploying AI across a wide variety of use cases and features a notable number of solutions driving financial inclusion and accessibility.

• $7.1B in equity funding raised over time, including more than $2B in 2024 so far (as of 10/17/2024).

• Nearly 50% are early-stage companies (primarily seed/angel or Series A). 

• 51 companies from outside the United States, across 22 countries on 5 continents. This includes 17 companies from 11 emerging and developing economies.

• 850+ business relationships since 2022, including with industry leaders like Mastercard, State Street, and Flipkart.

About CB Insights

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About Gynger:

Gynger is an embedded finance company that offers flexible payments solutions and cash-flow management tools to buyers and sellers of technology. Our mission is to combine capital and customer experience to ensure businesses can access and scale with the technology they need. For more information, visit www.gynger.io.

Contact:

contact@gynger.io