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- Silicon Valley Financial institution, a division of First Residents Financial institution (NASDAQ:FCNCA), together with lending accomplice Trinity Capital (NASDAQ:TRIN), Tuesday stated that it has offered a $125 million warehouse facility to fintech infrastructure startup, Parafin.
- Offered by SVB’s nationwide fintech observe, the financing facility will help Parafin in offering capital to companies on premier platforms similar to DoorDash and Amazon.
- FCNCA is -1.74% to $1603.93.
- Supply: Press Release
Extra on First Residents BancShares, SVB Monetary, and many others.
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