About the job
About Us:
At Parafin, we are dedicated to empowering small businesses.
These enterprises form the backbone of our economy, yet conventional banks frequently overlook their needs. Our innovative technology simplifies access to essential financial tools for small businesses through the platforms they already utilize.
We collaborate with industry leaders such as DoorDash, Amazon, Worldpay, and Mindbody to provide swift and flexible funding solutions, spending management, and savings tools to our small business users via seamless integrations. Parafin expertly manages the complexities of capital markets, underwriting, servicing, compliance, and customer support for our partners.
Our team is a close-knit group of innovators from companies like Stripe, Square, Plaid, Coinbase, and Robinhood, all fueled by a shared passion for creating tools that foster small business success. Supported by esteemed venture capitalists like GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital, Parafin is a Series C company that has successfully raised over $194 million in equity and $340 million in debt facilities.
Join us in shaping a future where every small business has access to the financial tools they need.
The Data Science Team:
Our Impact:
Data is pivotal to Parafin's mission to promote small business growth. Our partnerships and portfolio yield valuable insights into the financial health of SMBs, enabling us to provide fair, automated, and widespread access to financial services. As Parafin expands, the richness of our data increases, enhancing our influence on customers and the overall business trajectory.
Our Team:
Our culture thrives on enthusiasm, healthy skepticism, and a deep respect for data. Two of our co-founders are PhD data scientists from Robinhood. Since inception, our team has evolved to include diverse perspectives from fields such as physics, mathematics, bioengineering, economics, financial engineering, and electrical engineering, with professional backgrounds at reputable firms like Robinhood, Uber, Lyft, Airbnb, Faire, Segment, Facebook, and Google. We cherish first-principles thinking, meticulous attention to detail, and craftsmanship.
Our Work: Our mission is to propel Parafin forward by leveraging the extensive data that powers our platform. The Data Science team collaborates closely with company leaders to drive impactful results. Responsibilities for this role include:
Underwriting: We create models and systems to determine which SMBs receive offers for various financial products and under what conditions. Example projects: