Parafin

Growth capital for sellers on your platform.

About

Founded

2020

Headquarters

San Francisco, California

Industry

Fintech

Company Description

We provide infrastructure to platforms and supply capital to businesses that face institutional barriers in financing.

Quick Links

WebsiteJobs

Funding

Total Raised

$244 million

Valuation

Undisclosed

Significant Investors

Ribbit Capital, GIC, Thrive Capital

Company Traction

  • As of August 2022, Parafin powers companies with $100 billion+ in payments volume (up from $60 billion in September 2021) and companies that serve 700,000+ customers.
  • In Q2 2022, Parafin reported its quarterly run rate grew by 87%, and total financing volume grew by 77%.

Leadership Team

  • Sahill Poddar: Co-Founder & CEO of Parafin. Former Head of Machine Learning Engineering at Robinhood.
  • David Toro: Chief Compliance Officer & Head of Legal at Parafin. Former General Counsel at Teachable. 
  • Abby Westby: Head of Platform Sales at Parafin. Former Strategic Venture Partnerships at Stripe.
  • Aarati Soman: Head of Product at Parafin. Former Product at Robinhood.
  • Nick Clemente: Head of Capital Markets at Parafin. Former Head of Strategic Fleet Partnerships and Fleet Financing, Amazon Logistics at Amazon.

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