parafin.comFinTech / LendingFounded: 2020Funding to Date: $279.24MM
Parafin is a FinTech company that helps small businesses meet their cash flow needs. Parafin offers underwriting services based on sales, adjustable offers, payment processing, and fully embedded experience APIs with its platform. Parafin offers its services both on desktop and through a mobile app, allowing businesses to solve their lending and cash flow needs from anywhere.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/31/2024 | Series C | $91.8MM | $xx.xx | $626.53MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,637,755
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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08/03/2022 | Series B | $59.14MM | $xx.xx | $510.76MM | Gic, Ribbit Capital, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,758,632
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gic, Ribbit Capital, Thrive Capital
|
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09/29/2021 | Series A | $30.15MM | $xx.xx | $179.88MM | Index Ventures, Ribbit Capital, Sv Angel, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,839,855
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Index Ventures, Ribbit Capital, Sv Angel, Thrive Capital
|
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05/18/2020 | Series Seed | $4MM | $xx.xx | $13.33MM | Ribbit Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,090,215
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ribbit Capital
|