The one-click checkout platform shut down because of a lack of financial resources, according to an email obtained by TechCrunch.
Affirm has become one of the hottest fintech firms out there as buy now pay later has been one of...
Affirm (NASDAQ: AFRM) today announced the launch of two significant additions to its product suite: the Affirm SuperApp and Chrome browser extension.
Consumer lending Platform Affirm is looking to move beyond lending and into the financial advice space; currently Affirm works with retails to offer consumers a credit option when making a purchase; they are exploring ways to help customers better understand their debt and offer a way to help them reduce interest payments; Affirm has lent over $1bn to date Source.
Affirm announced they are partnering with merchants to make financing available in-store; Affirm InStore works similar to their online point of sale solution where customers can pay for purchases over time with fixed installments; the company also announced that consumers will be able to add a newly issued Affirm virtual card via Apple Pay. Source
Affirm has struck a partnership with Shopify to power their buy now pay later product; “We’re super excited to be...
The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the...
Affirm produced a solid earnings report with 48% revenue growth and the company now has more than 17 million active customers
The Series F round values the company at $2.9 billion post money according to Axios; participating investors include Thrive, Fidelity,...
According to Bloomberg, the company is in advanced talks for the latest round; the valuation would be about double of Affirm’s last round in April 2016; Affirm works with over 1,000 retailers and also recently rolled out a mobile app which includes a virtual credit card; the point of sale loans have annual percentage rates between 10-30%. Source