Stripe has agreed to acquire Parafin, an embedded finance product platform, according to a Techub News item that cited Finextra Crypto. Financial terms of the deal were not disclosed. Parafin is a startup that provides embedded finance solutions for platforms and SaaS companies. The brief report did not include a closing timeline or other transaction details, and no additional terms were released in the source material. The announcement centers on Stripe’s agreement to buy the company and Parafin’s role in serving platform businesses with embedded financial products.
Stripe has agreed to acquire Parafin, an embedded finance product platform, according to Techub News, which cited Finextra Crypto.
The financial terms of the transaction were not disclosed. Parafin is a startup that provides embedded finance solutions for platforms and software-as-a-service, or SaaS, companies.
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