Parafin is a financial infrastructure company that provides platforms with embedded financial products for their small businesses by abstracting the complexity of capital markets, underwriting, servicing, compliance, and customer support. By powering the financial services of marketplaces and payment processors, small businesses can run and grow themselves despite uncertain economic conditions. In less than three years, Parafin has launched on Amazon, Walmart, Worldpay, and more platforms to serve hundreds of thousands of businesses and extended over $8 billion in offers.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
12/17/24 | $100,000,000 | Series C |
GIC Notable Capital Redpoint Ventures Ribbit Capital Thrive Capital | $750,000,000 |