Full-Time

Senior Software Engineer

Merchant Platform

Confirmed live in the last 24 hours

Parafin

Parafin

51-200 employees

Provides embedded financing solutions for businesses

Fintech
Financial Services

Compensation Overview

$180k - $250kAnnually

+ Equity Grant

Senior

San Francisco, CA, USA

Category
Backend Engineering
Software Engineering
Requirements
  • 4+ years of experience working in a backend engineering role.
  • You care deeply about building high-quality software and take immense pride in your craft.
  • You are comfortable owning and driving the development of platform initiatives from scratch.
  • You take the initiative to identify commonalities between different problem statements and design appropriate abstractions accordingly.
  • You have a strong grasp of engineering fundamentals.
  • You are excited about working on a small team and helping us set the foundations for the company.
Responsibilities
  • You will own significant pieces of our merchant platform infrastructure and help drive new initiatives.
  • You will help identify, architect, and lead infrastructure investments in our core merchant platform to accelerate product development and fortify our systems.
  • You will work with stakeholders across the company to improve on our internal tooling, monitoring, alerting, and overall reliability of the system.

Parafin provides a financing solution designed for online platforms and their merchant partners. The service allows these platforms to offer financing under their own brand, which helps them generate revenue and build loyalty with their merchants. Parafin's offerings include underwriting, funding, go-to-market strategies, servicing, compliance, and customer support. The financing is based on the sales history of the merchants, with no interest, late fees, or credit checks involved. Payments are automated and adjust according to sales, with funds available in as little as one business day. Parafin has partnered with major platforms like Amazon, MindBody, and DoorDash to facilitate quick and flexible financing for various business needs, such as opening new locations or upgrading equipment. The goal of Parafin is to support the growth of businesses by providing accessible financing options that also contribute to the revenue growth of the platforms they partner with.

Company Stage

Late Stage VC

Total Funding

$184.8M

Headquarters

San Francisco, California

Founded

2020

Growth & Insights
Headcount

6 month growth

3%

1 year growth

1%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Parafin raised $100M in Series C, boosting its valuation to $750M.
  • The company has grown volumes by 400% since its Series B in 2022.
  • Increased demand for embedded finance solutions enhances user engagement and retention.

What critics are saying

  • Increased competition in embedded financial services could erode Parafin's market share.
  • Rapid technological changes may require continuous investment, straining Parafin's resources.
  • Economic downturns could impact demand for Parafin's services among small businesses.

What makes Parafin unique

  • Parafin offers a full-stack embedded financial infrastructure for small businesses.
  • The company partners with major platforms like Amazon and DoorDash for financing solutions.
  • Parafin's model includes underwriting, funding, and compliance, creating a seamless experience.

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Benefits

Competitive salary & equity

Health, dental, & vision

401k plan

Parental leave

Unlimited PTO

Commuter benefits

Daily lunches