Archives

April 4, 2019 @ 7:13 am By JD Alois  |  

Affirm, a Fintech founded by vaunted entrepreneur Max Levchin, has raised a $300 million series F funding. To date, Affirm has raised over $800 million in equity funding. The round was led by Thrive Capital and involved several new investors including Fidelity Management and Research… Read More

December 12, 2017 @ 9:15 am By JD Alois  |  

Affirm, a Fintech that provides point of transaction access to credit, has been received Unicorn status, according to multiple reports. Affirm is the creation of Max Levchin, a PayPal co-founder, who knows a thing or two about finance. According to a report in Bloomberg last… Read More

October 14, 2016 @ 10:32 am By JD Alois  |  

Affirm has received a $100 million lending facility from Morgan Stanley. Affirm will use the new capital to expand its Point of Sale (PoS) financing to more retailers. The company stated it expects to triple its loan volume for the year. Affirm was launched by… Read More

August 5, 2015 @ 11:00 am By JD Alois  |  

Affirm, a FinTech startup that provides credit at the point of sale, has acquired LendLayer, an internet finance platform that provides financing options to students.  In what may be a sign of industry consolidation, Affirm announced it had “acquired [the] talent behind education lender LendLayer”…. Read More

November 29, 2014 @ 1:27 pm By JD Alois  |  

Founded by one of the PayPal creators, Max Levchin, Affirm is another company that sees opportunity in confronting the monolithic banking industry. Affirm wants to hook up with consumers at the point of purchase. Instead of purchasers buying products using a credit, a process that… Read More