Parafin news and trends

Amazon Offers Sellers New Source of Growth Capital
Amazon // November 01, 2022

Amazon has debuted a cash advance solution for merchants selling on its site as small businesses seek more sources of growth capital. According to a Tuesday (Nov. 1) news release sent to PYMNTS, the financing solution is provided by Parafin, a FinTech founded by veterans...

Today in the Connected Economy: Snap Sees the Promise of Augmented Reality Fashion
Connected Economy // September 28, 2022

Today in the connected economy, executives at Snap point to their augmented reality clothing and fashion offerings as  a virtual alternative to the metaverse. Also, Dubai steps up its efforts to become the world’s metaverse capital, and Robinhood teams with Circle to increase access to...

Lavu, Parafin Partner to Offer Restaurants Cash Advances
Partnerships // September 28, 2022

Restaurant software and payments platform Lavu has launched a new solution that offers restaurants cash advances. The new Lavu Capital offering is powered by embedded FinTech company Parafin and gives restaurants “easy access to fast capital,” according to a Wednesday (Sept. 28) press release. “It’s...

SMB Fundraising FinTech Parafin Raises $60M
Investments // August 02, 2022

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. As Bloomberg News reported Tuesday (Aug. 2), the round — the company’s third — was led by GIC Pte, Singapore’s sovereign wealth fund, along with existing investors...

Quick Reads
Amazon Offers Sellers New Source of Growth Capital

November 01, 2022
Amazon has debuted a cash advance solution for merchants selling on its site as small businesses seek more sources of growth capital. According to a Tuesday (Nov. 1) news release sent to PYMNTS, the financing solution is provided by Parafin, a FinTech founded by veterans of Robinhood. “This secure financing option ties payment on the […]

Lavu, Parafin Partner to Offer Restaurants Cash Advances

September 28, 2022
Restaurant software and payments platform Lavu has launched a new solution that offers restaurants cash advances. The new Lavu Capital offering is powered by embedded FinTech company Parafin and gives...

SMB Fundraising FinTech Parafin Raises $60M

August 02, 2022
Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. As Bloomberg News reported Tuesday (Aug. 2), the round — the company’s...

New FinTech Parafin Targets SMBs in Need of Cash Advances

September 29, 2021
A trio of former Robinhood employees have founded a new FinTech geared to smaller businesses, The Wall Street Journal reported Wednesday (Sept. 29). The new San Francisco-based firm, Parafin, will...