# Parfin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parfin

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.parfin.io/
- Total disclosed funding: $26M
- Latest round: Series A (Aug 14, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in London, UK, Parity Financial Limited, trading under the name Parfin, operates as a provider of an online platform for Web3 technology. Alex Buelau (CTO), Marcos Viriato (CEO), and Cristian Bohn (CPO) are the co-founders of the company. In August 2024, Parfin raised USD 10 million in series A funding led by ParaFi Capital, with participation from L4 Venture Builder, Framework Ventures, and Nuclea.

The company offers a modular platform for the custody, trade, and management of secure digital assets. The firm’s platform provides services such as Parfin Terminal, a treasury and portfolio management solution for asset managers and trading desks with bank-grade custody, governance tools, and a reporting suite; Crypto as a Service, a full-service API-based crypto brokerage service for digital banks, investment platforms, and OTC desks; and Parfin MPC Custody, a secure digital asset custody powered by MPC technology. Parfin serves a variety of markets, including fund administrators, family offices, digital banks, high-net-worth individuals, investing platforms, and trading desks.

The company plans to use June 2023 funding to scale up its Web3 infrastructure services to financial institutions in Latin America.

## Funding rounds

- Series A, Aug 14, 2024, $10M — Framework Ventures, ParaFi Capital, L4 Venture Builder, Nuclea
- Seed, Nov 30, 2022, $15M — Valor Capital Group, Alexia Ventures, Framework Ventures, L4 Venture Builder
- Seed, Mar 5, 2021, $1.3M — Valor Capital Group, Vortx, Alexia Ventures

## Investors

- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Seed
- Vortx (https://capitalatlas.ai/funds/vortx) — Seed
- Alexia Ventures (https://capitalatlas.ai/funds/alexia-ventures) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed, Series A
- L4 Venture Builder (https://capitalatlas.ai/funds/l4-venture-builder) — Seed, Series A
- ParaFi Capital (https://capitalatlas.ai/funds/parafi-capital) — Series A
- Nuclea — Series A