Parafin secures $125 million warehouse facility from silicon valley bank and trinity capital inc.

Financing provided by svb's national fintech practice and trinity capital inc. (nasdaq: trin) san francisco , april 9, 2024 /prnewswire/ -- silicon valley bank (svb) , a division of first citizens bank, along with lending partner trinity capital inc. ("trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, parafin . recently named to the  2024 fintech innovation 50 , parafin helps companies, such as marketplaces, vertical saas, and payment processors, launch and embed financial services for their sellers.
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