Software Engineer, Parafin
New Grad
$160-175k
+ Equity grant
Embedded financial services for SMBs
Job no longer available
Embedded financial services for SMBs
101-200 employees
Job no longer available
$160-175k
+ Equity grant
101-200 employees
Company mission
To democratise access to growth capital.
Role
Who you are
- You care deeply about building high-quality software and take immense pride in your craft
- You are excited to work with a team to drive the development of the product from 0 to 1
- You have a strong grasp of engineering fundamentals
- You are excited about working on a small team and helping us set the foundations for the company
- You have a growth mindset and are eager to learn
- Eligible candidates will have a Bachelor’s degree in Computer Science or a related field, with graduation dates in Summer/Winter 2025 or Summer 2026
Desirable
- Intern/co-op experience with typed backend languages, async workflows, or data/ML pipelines
- Exposure to fintech/payments, experimentation, or reliability/observability work
What the job involves
- We are looking for highly motivated university graduates to start their careers with us at Parafin!
- You’ll be working with a talented team of engineers, building performant, reliable, and usable products in embedded finance
- You’ll work with the team and our business partners in a high-growth environment, learning from experienced engineers, and growing your own skills and career in the process, with the expectation of solidifying your best practices and gaining independence over time
- We are currently experiencing both high growth and increasing opportunities for impact on small businesses, so if this sounds like something you are interested in, come aboard!
- You will contribute to the development of our suite of embedded financial services products
- You will learn fast software fundamentals and execute high-quality code across our tech stack to support product development and enhance system reliability
- You will collaborate with team members and stakeholders across the company to help design and build new products and experiments
Application process
- Deadline to Apply: October 10, 2025 at 7:00 AM UTC
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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