Fynanz Receives $6,500,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e495e07-3779-4f49-abfc-5cdba6b249c0&Preview=1 -
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
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Venture Investor
Draper Fisher Jurvetson -
Venture Investor
Zelkova Ventures -
Venture Investor
The Brazos Group -
Venture Investor
JBR Media Ventures
