Parafin, a leading embedded financial infrastructure company, today announced a partnership with NMI, a global leader in embedded payments infrastructure, to offer flexible capital to small business merchants through NMI’s extensive reseller network.
Through this partnership, over one million merchants in the U.S. will gain access to financing designed to help them scale their businesses. NMI’s 4,000 channel partners, including Independent Sales Organizations (ISOs), PayFacs, and SaaS platforms, can now offer embedded capital products that drive retention, unlock new revenue streams, and deepen engagement with their merchant customers.¹
“With NMI, we are bridging two critical layers of the embedded economy: payments and financing. By bringing these together, we are enabling resellers and ISOs to offer capital as naturally as they offer payment processing,” said Sahill Poddar, co-founder and CEO at Parafin. “By joining forces with NMI, we are creating an ecosystem where capital flows more efficiently, helping resellers deepen their relationships and merchants invest confidently in their next stage of growth.”
NMI’s integration with Parafin brings NMI Business Capital to its modular payment acceptance platform, giving partners and resellers a turnkey way to offer flexible financing solutions to their merchants. Partners can manage capital programs seamlessly within NMI’s environment, and deliver personalized capital offers to their merchants through a simple, embedded experience.
“Access to capital is one of the biggest challenges facing small and mid-sized businesses,” said Peter Galvin, Chief Growth Officer at NMI. “At NMI, we’re always looking for new ways to help our partners create more value for the merchants they serve. Together with Parafin, we’re making it easy for merchants to access the funding they need directly from the platforms they already use and trust, helping them invest in their growth without the friction of traditional lending.”
Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!
