Parafin logo

Parafin, Inc.

Fintech

Parafin Stock

Parafin is a financial technology company that provides embedded financial services to businesses. It offers ready-to-launch products like capital and spend management solutions designed to help merchants grow. Their platform integrates easily into existing systems, handling everything from underwriting to disbursement without imposing credit or compliance risks.

Founded: 2020

Parafin Website

Parafin Company Overview

Parafin is a cutting-edge financial technology company specializing in embedded financial services tailored for businesses. Established by a team of former Robinhood employees, Parafin aims to revolutionize how small and medium-sized businesses access capital and manage finances. The company’s mission is to democratize financial services, making them accessible to a broader range of businesses, especially those underserved by traditional financial institutions. Parafin offers a suite of products, including capital and spend management solutions, which are designed to be easily integrated into existing platforms used by merchants, vertical SaaS providers, payment processors, and marketplaces. These solutions are ready to launch and allow businesses to offer financial services directly to their customers. This embedded approach means that businesses can provide these services without needing to build their own financial infrastructure or deal with the complexities of underwriting, compliance, and risk management. One of Parafin’s key innovations is its ability to handle the entire financial lifecycle, from underwriting and disbursement to repayment and servicing. This comprehensive approach reduces the burden on businesses, enabling them to focus on their core operations while still offering valuable financial products to their users. By partnering with Parafin, businesses can enhance their offerings, improve customer retention, and unlock new revenue streams. Parafin’s vision is to create a world where financial services are seamlessly integrated into every business’s operations, enabling them to thrive in a competitive market. The company continues to push the boundaries of what is possible in fintech, driving innovation and empowering businesses with the tools they need to succeed.

Management Team

Sahil Poddar Co-Founder and CEO

Funding Information