The company provides an end-to-end payment processor software that works with various platforms to offer customizable solutions for small businesses. Their mission is to democratize access to growth capital and empower small businesses to reach their potential without being limited by credit checks or arbitrary rules. Parafin was founded in San Francisco in 2020 and is backed by prominent venture capitalists and founders of successful startups like Robinhood, DoorDash, and Plaid.