Parker
Parker, formerly known as Woke and Jamabla, is a fintech company based in San Francisco, specializing in banking and exchange services with a focus on integrated financial solutions for businesses.
Company Overview
Parker is a fintech company located in San Francisco, CA, USA. The company, originally known as Woke and Jamabla, is a part of the Y-Combinator W19 batch. Parker specializes in offering integrated banking services primarily focused on providing better credit terms, higher limits, and enhanced analytics for businesses. The company operates in various regions, including the United States, America/Canada, and both remote and partly remote locations. The team size currently stands at 10.
Banking Services
Parker provides comprehensive banking services through an integrated platform. Businesses can open bank accounts that offer better credit terms and higher limits. The company ensures that all funds are always available for withdrawal and offers up to $10M in FDIC insurance or more on savings deposits. The banking services allow businesses to access high-quality financial services designed to optimize their financial operations.
Credit Card Features
Parker offers a unique credit card that enables businesses to keep their working capital for up to six times longer. The credit card provides a true full credit period on every swipe, with repayment periods extending up to 90 days. This service is designed to enhance liquidity and financial flexibility for businesses, allowing them to manage cash flow more efficiently.
Analytics and Underwriting Services
Parker offers advanced analytics services that provide businesses with clearer insights for making profitable decisions. These services allow for P&L-based decisions at the speed of sales. The company’s performance-based underwriting can lead to higher credit limits than typically available elsewhere. Integrations of various services give businesses a comprehensive view of their finances and can generate new types of analytics and credit opportunities as they grow.
Location Details
Parker is headquartered at 2261 Market Street #4106 San Francisco, CA 94114. The company's primary operations are based in San Francisco but extend to the United States, America/Canada region, and accommodate remote and partly remote work setups.