Tech Company Financing Transactions
Parafin Funding Round
GIC, Ribbit Capital and Thrive Capital joined a $60 million Series B funding round for Parafin. The round was announced by the company on 8/3/2022.
Transaction Overview
Company Name
Announced On
8/3/2022
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors
Proceeds Purpose
Parafin intends to continue to launch new, innovative products for small businesses, such as business charge cards, and further establish its market leadership in embedded financial services.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
611 Mission St. 7th floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to democratize access to growth capital. At Parafin, we aim to enable and empower small businesses to reach their greatest potential, and to create a world in which their ability to acquire funding isn't limited to a credit check or an arbitrary set of rules - which historically has limited numerous people from chasing their dream.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sahill Poddar
President
Ralph Furman
VP - Product Management
Vineet Goel
Browse more venture capital transactions:
Prev: 8/3/2022: Footprint venture capital transaction
Next: 8/3/2022: Based venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs