Technology News

Fynanz Finds $2 Million Venture Capital Debt

Tuesday, August 16, 2011 5:54:00 AM PDT | VentureDeal Staff

New York, New York  --  Financial services company Fynanz has garnered $2 million in new venture capital debt, according to an SEC regulatory filing.

Fynanz is developing what it calls a "unique, affordable, turn-key technology solution for underwriting, originating and servicing private student loans."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Fynanz is still seeking an additional $323,000 in debt financing, according to the filing.

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