Staff Product Engineer, Parafin
$235-300k
+ Equity grant
More information about location
3+ days a week in office
Embedded financial services for SMBs
Open for applications
Embedded financial services for SMBs
21-100 employees
Open for applications
$235-300k
+ Equity grant
More information about location
3+ days a week in office
21-100 employees
Company mission
To democratize access to growth capital.
Role
Who you are
- 6+ years of experience working in a web engineering role
- You care deeply about building high quality software and take immense pride in your craft
- You are comfortable owning and driving the development of the product from 0 to 1
- You have a strong grasp of engineering fundamentals
- You have experience working with Javascript, Typescript, Next.js, React, or other similar technologies
- You have a strong understanding of functional and reactive programming paradigms
- You are excited about working on a small team and helping us set the foundations for the company
What the job involves
- We are looking for a user-focused front-end engineer to join our Lending Products team in San Francisco
- In this role, you will help build intuitive and seamless user interfaces that will power the suite of Parafin’s financial offerings
- The Lending Products team is responsible for crafting the user journey for all of Parafin’s financing products
- You will collaborate with stakeholders across the company to launch new features and regularly experiment with existing ones to enhance the end-user experience
- You will contribute to the development of our core web infrastructure and play a key role in identifying, prioritizing, and implementing frontend improvements that accelerate product development and ensure a high-quality user experience
- You will fully own our customer facing web product and drive its development
- You will help define the product architecture all the way from the technologies we use to design principles that we apply
- You will frequently talk to our customers to understand their needs and define the product experience
- You will work closely with our product designers and ensure a high quality bar for our products
- You will help scale the Parafin team by hiring exceptional talent
Our take
Parafin is a fintech platform helping SMBs access growth capital. It targets platforms where SMBs sell and transact and offers an embedded finance solution with which these platforms can offer loans ranging from $500 to $10M. Parafin provides the capital for these loans and assumes the risk, allowing platforms to offer competitively attractive incentives to help them draw in a larger proportion of the growing SMB market.
Parafin’s focus on SMB growth funding is canny. Most worldwide businesses fall into the SMB category, but funding access for these businesses shrunk dramatically post-pandemic when traditional banks became more conservative with their loan approvals. This exacerbates SMB cash-flow issues, which reportedly already account for more than four in five SMB failures.
This means Parafin is helping platforms fill a growing and crucial market niche. With leadership from former Robinhood employees, confident funding from major players including the founders of Robinhood, DoorDash, and Plaid, and partnerships with Amazon, Parafin looks poised to net a substantial and lucrative market.
Steph
Company Specialist at Welcome to the Jungle
Insights
77% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Dec 2024
$100m
LATE VC
Aug 2022
$60m
SERIES B
Total funding: $190m
Company benefits
- Health, dental, & vision
- 401k plan
- Parental leave
- Unlimited PTO
- Commuter benefits
- Free in-office lunches
- Mental health & well-being
- Special recognition
Company HQ
SoMa, San Francisco, CA
Leadership
Sahill Poddar
(Co-Founder & CEO)Completed a PhD in Particle Physics at CERN, before working as a Data Scientist with LiquidM and Facebook, then finally heading up Machine Learning Engineering at Robinhood.
Ralph Furmaniak
(Co-Founder)Completed a PhD in Analytic Number Theory at Stanford, before working as a Robinhood Data Scientist, and then as Chief Scientist at Numerai.
Vineet Goel
(Co-Founder & CPO)Worked as a Carnegie Mellon Teaching Assistant, before moving into a Software Engineer role at Quantifind, and then heading up Risk and Fraud Engineering at Robinhood.
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