Parafin, a fintech infrastructure startup specializing in private label embedded financing solutions, has secured a $125 million warehouse facility from Silicon Valley Bank and Trinity Capital Inc. The facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon. Parafin’s machine learning-based underwriting model aims to provide personalized financing offers based on sales performance, empowering businesses to scale with fast and flexible financing solutions.
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.