Stripe Agrees to Acquire Parafin to Expand Revenue Opportunities for Platforms and Help Small Businesses Grow

Stripe

"Stripe announced that it has agreed to acquire Parafin, a leading embedded financial products platform. Parafin supports some of the largest and most complex platforms in the world, including DoorDash, Gusto, Jobber, and Mindbody, by providing credit offerings for their small business customers. With Parafin, Stripe will strengthen its support for ambitious platforms while bringing more credit to the small businesses driving economic growth."