Search Results for "Parafin"
4 results for "Parafin"
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Parafin Raises $100M Series C for Embedded Financial Infrastructure
Parafin, a financial infrastructure company providing pre-built financial services programs for small businesses, raised $100 million in Series C funding. The platform enables businesses to integrate lending, payments, and other financial products, aligning with BaaS and embedded finance principles. The raise was among the largest U.S. fintech rounds in December 2024.
Parafin Raises $100M Series C for Embedded Small Business Lending
Parafin, a U.S.-based embedded finance infrastructure company, raised $100M in a Series C round at a $750M valuation. Led by Notable Capital with Redpoint Ventures and Ribbit Capital, the funding will expand its API-driven capital access for small businesses. The round highlights growing demand for embedded lending infrastructure integrated into platforms and marketplaces.
Parafin Secures $125M Warehouse Facility from SVB and Trinity Capital
Parafin secured a $125 million warehouse facility from Silicon Valley Bank and Trinity Capital to expand its embedded financial services infrastructure. The company provides machine learning-based underwriting for sellers on platforms like DoorDash and Amazon. This facility strengthens Parafin's capacity to offer embedded capital products through marketplace and SaaS platforms.
Embedded Finance Startup Parafin Raises $60M Series B
Parafin, an embedded finance startup specializing in capital products for platforms, raised a $60 million Series B round. The funding supports the company's mission to help platforms offer embedded lending and cash advance products to their merchants. The round reflects continued investor confidence in embedded finance infrastructure.