Parafin offers loan products, spend management and savings tools to sellers through marketplaces

The Straits Times

Singapore

GIC-backed Parafin raises $135 million, bumps valuation to $1 billion

Media Bias/Fact Check

Singapore Press Holdings

Emily Mason / Bloomberg:
Parafin, a startup run by ex-Robinhood staff offering spend management and savings tools as well as loan products, raised a $100 Series C at a $750M valuation  —  - Firm offers loan products, spend management and savings tools  — Valuation was boosted from $520 million at last equity raise

Techmeme

California

United States

Parafin, a startup run by ex-Robinhood staff offering spend management and savings tools as well as loan products, raised a $100 Series C at a $750M valuation

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BizToc

Parafin has raised $100 million in a Series C funding round to grow its embedded finance infrastructure that powers financial services for marketplaces, vertical software-as-a-service (SaaS) providers and payment platforms. The company will use the new capital to scale its existing products, ship new ones and expand into new geographies, Parafin said in a Tuesday (Dec. 17) press release. Parafin helps platforms extend financial services to small…

PYMNTS.com

Parafin Raises $100 Million to Grow Embedded Finance Infrastructure for Platforms

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 reflects growing confidence in Parafin’s approach to embedded financial services, an area that contin…

GlobalFinTechSeries

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

Sahill Poddar and Vineet Goel, Parafin founders. Photo by Darius Riley.Parafin, the startup building embedded financial infrastructure that quietly powers some of the biggest platforms in the world, has just landed a $100 million Series C round, pushing its valuation to $750 million.Leading the charge is Notable Capital, with major backing from Redpoint Ventures. Long-time supporters Ribbit Capital, Thrive Capital, and GIC doubled down on their …

AllBlogThings.com - A Tech & Business Blog!

Parafin Raises $100M Series C

Fintech Finance

Parafin, a San Francisco, CA-based embedded finance infrastructure company, raised $100M in Series C funding, at $750M valuation. The round was led by Notable Capital, with participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated. The company intends to use the funds to expand operations and its development efforts. Founded […] The post Parafin Raises $100M in Series C Funding appeared fi…

GIC-backed Parafin raises $135 million, bumps valuation to $1 billion

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