FA Company Spotlight: Parafin

In 2020, three minds, battle-tested at Robinhood and trained in the dark arts of machine learning, fraud engineering, and number theory, looked at the wreckage COVID had carved into small business finance and saw a blueprint. Not for disruption, for reconstruction. That team, Sahill Poddar, Vineet Goel, and Ralph Furman, co-founded Parafin, a San Francisco fintech that doesn’t chase headlines. It powers them. Quietly. Systemically. From the background.

Parafin isn’t a bank. It isn’t a lending platform. It’s the infrastructure buried beneath the surface of platforms that run the modern economy. Amazon, DoorDash, TikTok, Walmart, Worldpay. Platforms with GDPs bigger than countries. Parafin injects capital access directly into their veins, via one clean integration. And with it? A rewire of how small businesses get funded.

Sahill Poddar brings CERN-tier physics chops and Robinhood ML experience. Vineet Goel engineered Robinhood’s risk and fraud systems and grew up in a small business family, he’s lived both sides. Ralph Furman, now building Sugaku, came in with a Stanford University PhD in number theory. This wasn’t a pivot, it was a precise mission: give small businesses real-time capital access without bank delays, credit score dead ends, or collateral games.

And it’s working. Over $8B in financing offers extended. $1B funded annually. Applications processed in minutes. Approval based on actual performance data, not credit myths. Ninety percent of business owners say their view of a platform improves after Parafin enters the equation. That’s a brand enhancer disguised as financial plumbing.

With $194M in equity raised, including $100M in a Series C led by Notable Capital, and $340M in debt capacity, Parafin isn’t crawling to profitability. It’s sprinting. Volume’s up 400% since Series B. The runway’s clear. Takeoff imminent.

This is not a B2B pitch in disguise. It’s a real-time case study in how infrastructure shapes economies. Parafin sits at the center of embedded finance’s sharpest point, marketplaces, SaaS platforms, and processors that move $100B+ annually. If you want to build the rails that move money smarter, faster, and fairer, this is your station.

They’re hiring. Engineers. PMs. Capital markets leads. If you’re built to operate where precision meets purpose, here’s the link: parafin.com/careers. This isn’t just finance. It’s velocity.

Let’s connect and keep the momentum going across the tech ecosystem. Whether you’re a founder shaping the future, a leader driving change, a VC backing bold ideas, or an investor spotting the next big thing, together, we’re pushing boundaries. Proud to be building the future with you.

Let’s connect on LinkedIn and Twitter (X), and keep the conversation going.

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