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News by FinTech Collective Archive

Parafin raises $34m in Seed and Series A funding

Sarah Wolter

September 29, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

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San Francisco based fintech company for small businesses raised $34m in Seed and Series A funding led by Ribbit Capital and Thrive Capital.

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“It was so obvious that small businesses are struggling,” Mr. Furman said. Parafin also plans to expand to offer other financial products like bank accounts and insurance to small-business clients.

https://www.wsj.com/articles/former-robinhood-employees-launch-parafin-a-finance-startup-for-small-business-11632913201

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