Tag : Parafin

Parafin Raises $100M Series C to Redefine Small Business Financial Services
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Parafin Raises $100M Series C to Redefine Small Business Financial Services

Business Wire
Parafin, which builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. The financing was led by Notable Capital, with significant participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated in the round. This funding......
Xplor Technologies Unveils Financing Solution for Small Businesses
Finance Fintech News

Xplor Technologies Unveils Financing Solution for Small Businesses

PR Newswire
The new product aims to counter traditional lending processes by getting funds into the hand of business owners more efficiently Xplor Technologies, a leading global platform combining SaaS solutions, embedded payments, and Commerce Accelerating Technologies for “everyday life” businesses, today announced the launch of Xplor Capital, a streamlined fintech experience......
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital
Fintech News

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital

PR Newswire
Provided by SVB’s national fintech practice, the financing facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon. Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), announced that it has provided a $125......
Parafin Raises $60Million Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses
Finance News

Parafin Raises $60Million Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses

Fintech News Desk
Parafin, a fintech infrastructure startup that companies such as marketplaces, vertical SaaS, and payment processors rely on to launch and embed financial services for their sellers, announced that it has raised a $60 million Series B financing round led by GIC, bringing its total equity funding to $94 million. This......
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