Parafin, a financial-technology startup run by former Robinhood staffers, raised $60 million in its second funding round. The round was led by GIC along with participation from existing investors Thrive Capital and Ribbit Capital, bringing the company’s total equity funding to $94 million. With a focus on lending to small enterprises, Paraffin works with organizations like DoorDash and Mindbody to develop their financing divisions.
Robinhood Veterans’ Fintech Parafin Raises $60 Million in Funding Round
