Software Engineer, Parafin

Web

Salary not provided
React
TypeScript
JavaScript
Junior, Mid and Senior level
San Francisco Bay Area
Parafin

Embedded financial services for SMBs

Open for applications

Parafin

Embedded financial services for SMBs

21-100 employees

FintechB2BPaymentsLendingSaaS

Open for applications

Salary not provided
React
TypeScript
JavaScript
Junior, Mid and Senior level
San Francisco Bay Area

21-100 employees

FintechB2BPaymentsLendingSaaS

Company mission

To democratize access to growth capital.

Company mission

To democratize access to growth capital.

Top investors

Few candidates hear
back within 2 weeks

77% employee growth in 12 months

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 headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Mental health & well-being
  • Special recognition
  • Health, dental, & vision
  • 401k plan
  • Parental leave
  • Unlimited PTO
  • Commuter benefits
  • Free in-office lunches

Company values

  • Empathy: Be kind and open minded
  • Efficiency: be results-oriented
  • Accountability: Show up and be responsible
  • Intellectual Honesty: Seek truth and give feedback

Funding (2 rounds)

Aug 2022

$60m

SERIES B

Sep 2021

$30m

SERIES A

Total funding: $90m

This company has top investors

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.

Jobs (15)

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Finance, Legal & Compliance