Fynanz Receives $6,500,000 Series A Financing Round

  • Feed Type
  • Date
    2/1/2010
  • Company Name
    Fynanz
  • Mailing Address
    104 W. 27th St. 4th Floor New York, NY 10001
  • Company Description
    Fynanz Inc. was founded in 2007 by a team of proven student loan industry veterans with over 100 combined years of finance and technology expertise. We are committed to developing unique, affordable, turn-key technology solutions for underwriting, originating and servicing private student loans.
  • Website
    http://www.fynanz.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Fynanz will use the funds for the continued national expansion of www.cuStudentLoans.org, the leading credit union private student lending marketplace, and the development of additional lending programs including financial literacy initiatives.
  • M&A Terms
  • Venture Investor
    Draper Fisher Jurvetson
  • Venture Investor
    Zelkova Ventures
  • Venture Investor
    The Brazos Group
  • Venture Investor
    JBR Media Ventures