Parafin, a leader in embedded financial services, and Fullsteam Capital have surpassed $125 million in embedded financing, enabling thousands of small businesses to access fast, flexible funding directly within the Fullsteam software ecosystem. Since launching their partnership in September 2022, the program has expanded across industries—from salons to breweries—achieving a 70% repeat financing rate thanks to Parafin’s AI-powered underwriting and top-up system. Backed by investors such as Ribbit Capital, Thrive Capital, and GIC, Parafin plans to expand the program to Canada and Puerto Rico, reinforcing its mission to integrate financial access into business platforms seamlessly.

Parafin and Fullsteam Capital Surpass $125MM in Capital Financing, Powering Small Business Growth