Fynn
1000 N West Street Suite 1281-257, Wilmington, DE, 19801, United States
Overview
Fynn operates a financing platform targeted at students in vocational and technical programs, offering loans with features like payment pauses and loan forgiveness tied to job changes or losses. The company emphasizes low-friction onboarding, promising answers in minutes, and uses a risk-assessment model to underwrite students likely to complete courses and find work. Fynn also helps with job placement and shares risk with institutions and employers that partially back loans. The platform works with around 150 technical colleges and has loaned about $4 million since going live in summer 2022. Fynn reports that completers who take its loans see a 172% average salary increase and that 85–90% of borrowers complete courses and secure jobs. The new funding is intended to continue building out the business and expand its financing capacity and services.
- Total raised
- $36M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- Mar 2023
Industries
- Finance
- Financial Services
- Lending
Recent funding
Seed
Mar 2023
$11M