Parafin Stock

parafin.comFinTech / LendingFounded: 2020Funding to Date: $185.09MM

Parafin is a financial technology company which offers embedded financial services infrastructure to small businesses. Their platform aims to abstract the complexities of capital markets, underwriting, originations, servicing, compliance, and customer support, with the goal of allowing platforms to seamlessly integrate financial services. Parafin collaborates with companies across industries striving to support small businesses with accessible and scalable financing options. This company was founded by Sahill Poddar, Ralph Furman, and Vineet Goel in 2020 and is headquartered in San Francisco, CA.

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Parafin Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Parafin Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/31/2024 Series C $91.8MM $xx.xx $666.78MM Gic, Redpoint Ventures, Ribbit Capital, Thrive Capital
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
Gic, Redpoint Ventures, Ribbit Capital, Thrive Capital
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
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
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

Parafin Investors Also Invested in These Private Companies

Leadership & Board

Leadership

Sahill Poddar
Chief Executive Officer & Co-founder
Ralph Furman
Co-Founder
Vineet Goel
Co-Founder

Parafin stock FAQs

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Can you buy Parafin stock?

As Parafin is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Parafin, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Parafin stock?

To invest in a private company like Parafin through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Parafin stock?

Yes, you may sell the Parafin stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Parafin stock?

If you hold private company shares of Parafin – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Parafin on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Parafin a public company?

No, Parafin is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Parafin’s stock price?

Parafin is a privately held company and therefore does not have a public stock price. However, you may access Parafin private market stock price with Forge Data.
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What is Parafin’s stock ticker symbol?

Parafin does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Parafin News and Media Highlights

Parafin Raises $100M in Series C Funding

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.

Walmart Marketplace and Parafin Announce New Program to Offer Financing for Sellers

Walmart Marketplace and Parafin announced a new initiative today to provide sellers with capital through the Walmart Marketplace Capital program. Eligible sellers can seamlessly access financing through Parafin, an approved Walmart Marketplace solution provider, to grow their businesses and prepare for the upcoming holiday retail season.

Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital

Parafin, a San Francisco, CA-based innovator in embedded finance, announced today that it closed a $93M debt facility with Jeffries and Trinity Capital, Inc. Their investment has the potential to increase to $187M. The funding will support Parafin’s ability to offer capital to small businesses. Earlier this year, Parafin secured $125M from Silicon Valley Bank and Trinity Capital Inc.

Embedded finance start-up Parafin raises $60m Series B - FinTech Futures

Embedded finance infrastructure start-up Parafin has raised $60 million in a Series B financing round led by GIC, Singapore’s sovereign wealth fund.
Browse Insights
Updated on: Dec 25, 2024

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