Parafin, a fintech company focused on providing embedded finance solutions, has secured a $93 million debt facility through partnerships with Jefferies and Trinity Capital. The funding will support Parafin’s growth, allowing it to expand its financial services offerings to small businesses through embedded lending. The deal highlights the growing importance of flexible financing solutions in the fintech space, particularly for companies serving the small business sector.
Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital Inc..