Parafin’s infrastructure powers financial services for marketplaces, vertical SaaS, payment platforms, and more. With a single integration, platforms can launch a full suite of financial products for their small business sellers, including capital, spend management, and savings tools. These services provide access to financing and help businesses thrive by leveraging real-time performance data to offer customized financial solutions.
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Parafin reposted this
Honored to be featured by the Uncovered Media team! Parafin has likely touched 20% of U.S. small businesses with employees, yet most don't know we're running some of the largest capital programs behind the scenes and creating a new and better way for SMBs to access financing. Also, yes, I love the Trader Joe's brand. Article link in the comments.
Parafin reposted this
LLMs are transforming how Parafin underwrites small business credit at an incredible pace. From an experiment to a quarter of our volume in less than a year and growing rapidly.
Bank transaction underwriting is accelerating Parafin's growth 📈 Cashflow signals beat personal credit scores for small business underwriting. That's been our thesis since day one. The technical unlock: AI can now read raw SMB bank transactions, and our data scale and proprietary models turn it into real lending outcomes. Two ingredients that came together over the last year. Origination volume has more than doubled year over year, with bank transaction underwriting accelerating our growth. These are AI agents making capital decisions where volumes are high and the cost of getting it wrong is real. If building AI systems that move real money sounds like your kind of problem, we're hiring 🤖 https://lnkd.in/efmPDfvh
Turns out the architecture behind ChatGPT is also the right architecture for underwriting small businesses. We replaced 28 XGBoost models with a single transformer, and it now sizes every loan offer Parafin extends to 1M+ merchants across Amazon, DoorDash, Walmart, and more. The attention heads taught themselves what seasonality is. Meet ParaFormer: https://lnkd.in/dqekycAe
J.P. Morgan just committed $80B to small business lending over the next decade. When the largest bank in the country reorganizes around small business credit access, it's a signal: the financing gap is real, and closing it is a significant opportunity. The question is how do you reach the millions of small businesses in America efficiently? We think the answer is meeting them where they already are, inside the platforms they use to run their business every day. https://lnkd.in/gdbfmtDJ
Congrats to our partners TikTok and DoorDash on making TIME's Most Influential Companies of 2026. The platforms shaping how the world shops, eats, and connects are also the platforms small businesses run on. We're proud to power capital programs inside both. See the full list: https://lnkd.in/eC3dJv-X
The decision to offer embedded lending is fast. The decision on who to build it with is where platforms get it wrong. A fast integration and a clean demo will get you to market. But, that won't drive conversion, origination volume, or revenue. Here are the six factors that actually separate programs that launch from programs that perform: https://lnkd.in/gb7nR494
Parafin reposted this
Trinity Capital is pleased to announce the upsizing of Parafin's warehouse credit facility, alongside Silicon Valley Bank and new lender EverBank. This upsized facility reflects our continued confidence in Parafin's model and will enable them to deliver even more flexible, short-term capital to small businesses directly within the platforms they already use, like Amazon, DoorDash, Gusto, TikTok Shop, Walmart, and others. Congratulations to the Parafin team on this milestone and thank you to our partners at SVB and EverBank for the collaboration. Read the full story here: https://lnkd.in/g3Jeszf5 #TRIN #AssetBasedLending #GrowthCapital #SmallBusiness
Parafin reposted this
EverBank is pleased to support Parafin as it continues to expand and scale. “Our participation in this credit facility reflects our commitment to delivering tailored lending solutions that address the unique needs of our clients.” said Jonathan Lustig, Lender Finance Director. Read the full release to learn more: https://lnkd.in/g3Jeszf5
We're expanding our warehouse credit facility with Silicon Valley Bank, EverBank, and Trinity Capital. This gives us more capacity and a lower cost of capital to keep meeting growing demand from small businesses. That demand shows up in the data. Parafin has funded $2B+ USD to nearly 50,000 businesses, with the majority going to repeat borrowers who keep coming back as they grow. Thank you to our partners for their trust and collaboration. We're proud to keep building alongside you to expand access to capital. https://lnkd.in/g3Jeszf5
SMB loan demand is up. But demand doesn’t equal access. Most financial institutions still can’t serve the full spectrum of small businesses. Embedded lending is how that gap closes. More here → https://lnkd.in/dUUThMHb