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Parfin (www.parfin.io), a Fintech start-up offering an enterprise platform to connect traditional and digital finance, announced today a US$ 1.3 million seed funding round led by Valor Capital Group. Other investors include Alexia Ventures, Vortx and angel investors.

In order to prevent the COVID-19 pandemic turning into a deep economic crisis, governments from around the world have committed to unprecedented amounts of monetary and fiscal stimulus, ‘printing’ money as never seen before. This has brought to light big inequalities in the access to financial services between big corporations and small and medium enterprises (“SMEs”), especially in emerging markets.