Parker

Parker is a digital bank.

getparker.com

HQ: San Francisco, CA, USA

1-10

Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Parker Group, Inc. is a New York-based fintech for e-commerce and other internet businesses. Its product suite combines the Parker Card, banking/treasury, bill pay, and real-time financial intelligence. Public marketing still describes the company as active, but credible 2026 reporting says Parker filed Chapter 7 bankruptcy and shut down in May 2026.

Primary product

Parker Card plus integrated banking/treasury and financial intelligence platform

Founded

2020

Headquarters

New York, New York, United States (mailing address: 135 W 29th St, 12th Fl, New York, NY 10001)

Team size

20-30

Industry

Financial Services

Sub-industry

Fintech for e-commerce / corporate cards, banking, spend management, and analytics

Offices

New York, New York, United States

San Francisco, California, United States

Business model

B2B fintech

card issuing and spend management

banking/treasury via partner banks

financial analytics SaaS

credit/debt facility-backed lending

Funding

Stage

Late-stage venture-backed fintech; Series B plus debt/asset-backed financing

Total raised

$203M

Latest round

Asset-backed lending arrangement · Sep 2025

Latest amount

$125M

Asset-backed lending arrangement

Sep 2025

$125M

Series B

Nov 2024 · Valar Ventures

$20M

Debt financing / warehouse facility

Mar 2023 · TriplePoint Capital / Jefferies

$70M

Pre-seed financing

Mar 2023 · Y Combinator / Valar Ventures

$5.9M

Seed / pre-seed

Mar 2023 · Valar Ventures and Y Combinator

$5.9M

Series A

Mar 2023 · Valar Ventures

$31.1M

Debt financing / lending facility

Mar 2023 · TriplePoint Capital and Jefferies

$120M

People & investors

Leadership

Yacine Sibous

Co-founder & CEO

Milan Ray

Co-founder

James Yates

Chief Financial Officer

Ishwardeep Singh

Chief Risk Officer

Jimmy Sanchez

President

Investors

Work & culture

Lean, fast-moving, high-ownership culture. Parker says it wants builders who think in first principles, question assumptions, care about craft, and ship across product, engineering, design, finance, and go-to-market.

Compensation

No public salary bands, equity details, or employee-benefit package were found on the public site. The careers page emphasizes impact and ownership rather than compensation specifics.

Product & market

Pricing

Performance-based and quote-based; no public subscription pricing page found. Public materials say no monthly charges, no setup fees, no hidden fees/minimums, and repayment terms drive economics.

Differentiators

—Underwrites on real business performance rather than personal credit scores
—Rolling per-transaction terms up to 90 days
—Integrated card + banking/treasury + bill pay + intelligence in one platform
—Built specifically for e-commerce and internet-first businesses
—High credit limits tied to revenue growth
—No hidden fees or minimums advertised
—Rewards/cashback and APY are emphasized in marketing
—Partner-bank structure rather than Parker acting as a bank

Technology

Webflow

Cloudflare

jQuery 3.5.1

SendGrid

Intercom

HubSpot

Ashby

Google Workspace

HubSpot Mail

React

TypeScript

GraphQL

Python

Docker

Kubernetes

Plaid

Retool

QuickBooks

Salesforce

Figma

Customers

E-commerce brands

DTC brands

Agencies

Scaling online businesses

Caraway

Venus et Fleur

Dolls Kill

Amour Vert

Italic

SpikeBall

Canopy

Immi

Obvi

Oats Overnight

Waterdoctor

Competitors

Brex

Ramp

Mercury

Airbase

Divvy

Ampla

Scale & contact

Estimated revenue

$1M-$10M

Estimated monthly visits

59K

Traffic estimate as of Mar 2025

support@getparker.com 1(646) 970-9932

Signals & risks

Shutdown

May 2026

Parker filed for Chapter 7 bankruptcy, with multiple 2026 reports saying the company ceased operations without advance notice.

Source

Other

May 2026

Reports said Parker had pursued a sale/acquisition process that did not close before the bankruptcy filing.

Source

Latest news

Fintech Parker files for bankruptcy

Banking Dive · May 2026

Banking Dive covered Parker’s Chapter 7 filing, the failed acquisition process, and founder Yacine Sibous’s confirmation on X.

Corporate card fintech Parker shuts down without warning

American Banker · May 2026

American Banker reported Parker shut down without warning, that sponsor banks notified customers, and that the company had pursued acquisition options before bankruptcy.

Fintech startup Parker files for bankruptcy

TechCrunch · May 2026

TechCrunch reported Parker filed for Chapter 7 bankruptcy and was widely reported to have shut down; it also noted customer-facing evidence of the shutdown and the company’s continued website presence.

Parker Secures over $200M in funding to Power the Future

Parker blog · Sep 2025

Parker said it had secured over $200M in funding, including up to $125M of new asset-backed lending, and planned to expand products, integrations, and strategic hiring.

Fintech Startup Parker Closed A $20 Million Series B To Build A Suite Of Financial Data

Forbes · Nov 2024

Forbes covered Parker’s $20M Series B led by Valar Ventures, described its e-commerce focus, and cited customers such as Rebag, Untuckit, Caraway, and Pathwater.

Jobs and careers at Parker

13 jobs at Parker

Brand and Content Lead

Remote

Sales and Marketing

NYC Head Office

5mo ago

Remote

Full-time