Parafin Stock
| Valuation | $750M1 |
| Valuation Date | Dec 17, 2024 |
| Implied Valuation | $1.85B |
| Last Price | $24.64 |
| 52-Week High | $25.24 |
| 52-Week Low | $23.21 |
| YTD Return | -2.38% |
| 1-Year Return | -2.38% |
| 3-Year Return | +40.80% |
| Total Funding | $194M2 |
| Latest Round Amount | $100M1 |
| Latest Round | Series C |
| Funding Rounds | 4 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Parafin
Parafin is a financial infrastructure company that lets marketplaces, vertical software platforms and payment processors offer financing and card products to the small businesses that sell through them. Its three products are Capital, a term loan or revenue-based advance repaid from sales; Spend, a white-labeled revolving business credit card with an FDIC-insured cash account; and Pay Over Time, an installment option for payroll, inventory, advertising and card balances. Underwriting runs on machine-learning models built on platform sales and transaction data rather than credit scores or personal guarantees, and Parafin handles the capital markets, servicing, compliance and customer support behind each program. The company makes money by charging businesses a single fixed fee on the financing it originates and sharing part of that fee with the platform partner, funding the loans through warehouse credit facilities and forward-flow agreements with banks and asset managers. Parafin was founded in 2020 by three of Robinhood's early employees and powers capital programs for platforms including Amazon, Walmart, DoorDash, Worldpay and Gusto.
Invest in Parafin
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News
Parafin closes $300 million forward-flow deal with NY-based alternative asset manager
Parafin announced a forward-flow agreement under which up to $300 million of loans originated on its platform will be purchased into a rated vehicle by a New York-based alternative asset manager. The ...
Parafin launches Spend business credit card program
Parafin launched Spend, a fully managed business credit card program that platforms can deploy in weeks, expanding its embedded financing suite beyond working capital and BNPL.
Parafin Launches Spend, a Business Credit Card Purpose-Built for Small Businesses That Platforms Can Deploy in Weeks
Parafin launched the Spend Card, a fully managed revolving business credit card program that platforms can offer without becoming or partnering with a bank. Payments provider 360 Payments is live on t...
Parafin Announces New Credit Facility with Goldman Sachs and One William Street
SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading embedded financial infrastructure company named to the 2026 Forbes Fintech 50, today announced a new credit facility led by Goldman Sachs, alongside ...
ParaFormer: A transformer architecture for small business credit underwriting
Parafin's research team detailed ParaFormer, a transformer-based model architecture it built to forecast small business performance for credit underwriting. The company later said the model serves hun...
Parafin Expands Warehouse Credit Facility With Silicon Valley Bank, EverBank, and Trinity Capital
SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading embedded financial infrastructure company recently named to the 2026 Forbes Fintech 50, today announced the renewal and upsizing of its warehouse cre...
Jobber brings fast access to capital to Canadian home service businesses
Home-services software provider Jobber launched a Parafin-powered capital program for its Canadian customers. The program offers financing based on business performance data rather than credit checks.
Parafin partners with Kajabi to launch Kajabi Capital
Creator-commerce platform Kajabi launched Kajabi Capital, an embedded financing program built on Parafin's infrastructure. It gives creators and course businesses on Kajabi access to working capital.
Parafin and NMI partner to bring embedded financing to over one million merchants
Payments technology company NMI partnered with Parafin to make embedded financing available across its merchant base. The companies said the partnership reaches more than one million merchants.
Parafin and Fullsteam Capital surpass $125MM in capital financing
Parafin said its capital program with payments and software company Fullsteam has passed $125 million in financing originated for small businesses.
Parafin secures up to $360 million with forward-flow commitment from Cross River Bank
Parafin announced a forward-flow commitment of up to $360 million from Cross River Bank to fund loans originated through its platform. It was the company's first forward-flow agreement.
Parafin launches AI-powered Pay Over Time to transform small business financing
Parafin launched Pay Over Time, an installment payment option platforms can embed at checkout, on invoices and on card transactions. The product lets small businesses spread the cost of payroll, inven...
Parafin and Gusto launch Payroll Bridge line of credit
Parafin partnered with Gusto to offer Payroll Bridge, an embedded line of credit that helps small businesses cover payroll when cash flow is tight.
Partnering with Gusto to launch Payroll Bridge: a payroll line of credit
Payroll provider Gusto launched Payroll Bridge, a Parafin-powered line of credit that lets small businesses cover payroll runs and repay over time.
Parafin partners with accept.blue to launch Gateway Capital
Payment gateway accept.blue launched Gateway Capital, an embedded financing program powered by Parafin for merchants processing on its platform.
Parafin Raises $100M Series C to Redefine Small Business Financial Services
Parafin closed a $100 million Series C at a $750 million valuation, led by Notable Capital with participation from Redpoint Ventures and existing investors Ribbit Capital, Thrive Capital and GIC. The ...
Walmart Marketplace and Parafin Announce New Program to Offer Financing for Sellers
SAN FRANCISCO--(BUSINESS WIRE)--Parafin partners with Walmart to offer financing for sellers on Walmart Marketplace.
Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital Inc.
SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading innovator in embedded finance, announced today that it closed a $93M debt facility with Jeffries and Trinity Capital Inc. Their investment has the po...
Parafin & Xplor Technologies launch Xplor Capital
Xplor Technologies launched Xplor Capital, a Parafin-powered financing program for businesses using its field-services and fitness software.
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.
Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO , April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Ban...
Parafin partners with Guesty to launch Guesty Capital
Short-term rental management platform Guesty launched Guesty Capital, giving property managers on Guesty access to Parafin-powered working capital.
Amazon Launches New Merchant Cash Advance Program Provided by Parafin, Doubling Down on Its Support for Small- and Medium-Sized Businesses
SEATTLE--(BUSINESS WIRE)--Today, Amazon (NASDAQ: AMZN) launched a new financing solution, a merchant cash advance, provided by Parafin–a U.S.-based provider of growth capital for sellers.