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Stripe to Acquire Fintech Startup Parafin

Stripe plans to acquire Parafin, a financial technology startup that provides credit offerings for small businesses.

STRIPE

Stripe plans to acquire Parafin, a financial technology startup focused on small businesses. Based in San Francisco, Parafin was founded by former employees of stock-trading platform Robinhood Markets and offers credit products for small businesses through platforms including DoorDash.