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Parafin raises $34m in Seed and Series A funding

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

“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.

Tags

smbs, lending