Parafin

A financing program built for your platform

San Francisco, United States · Founded 2020 · $254.0M raised

Employees
51–200
Founded
2020
Business Model
B2B
Total Funding
$254.0M
Last Round
$100.0M Series CDec 2024
Rounds
5

About

Parafin is a financial infrastructure company that enables marketplaces, vertical SaaS platforms, and payment processors to offer embedded financial products — including working capital, spend cards, and pay-over-time solutions — to small businesses. Founded in 2020 and backed by Ribbit Capital, Thrive Capital, and GIC, it has extended over $25 billion in financing offers across platforms including DoorDash, Amazon, and Worldpay.

Summary

Parafin is a Fintech company based in San Francisco, United States, founded in 2020. It has raised $254.0M in total across 5 rounds, most recently a $100.0M Series C round in Dec 2024. Investors include Ribbit Capital, Thrive Capital and GIC.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Series CSeries CDec 2024
$100.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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