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Affirm Analysis: $1.2B Raised

What is Affirm?

Buy now, pay later with no late fees

Employees
1001-5000
Founded
2012
Industry
Lending
HQ Full Address
San Francisco, California, United States
Latest Funding Round Size
$1.22B
Website Url

Product Features & Capabilities

  • Affirm Pay in 4 payment option with 0% APR
  • Affirm Card™ for flexible spending
  • Affirm Money™ Account for savings
  • Integration with various online retailers
  • Instant credit decisions at checkout.

How much Affirm raised

Funding Round - $1.22B

Recent

Other Considerations

Offers payment options through various lending partners; Licensed by the Department of Financial Protection and Innovation in California; Not a bank, but partners with banks for financial services.

Recent News

Recent news articles related to Affirm include:

1. **Stride Bank Becomes Card Issuing Partner for Affirm Card** (1 day ago) - Stride Bank has partnered with Affirm to issue the Affirm Card, catering to the growing demand for debit cards that allow consumers to pay over time. [Read more](https://www.pymnts.com/buy-now-pay-later/2025/stride-bank-becomes-card-issuing-partner-for-affirm-card/)

2. **Affirm Holdings, Inc. (AFRM) Investigation** (2 days ago) - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors regarding Affirm Holdings. [Read more](https://fox5sandiego.com/business/press-releases/accesswire/1002284/affirm-holdings-inc-afrm-investigation-bronstein-gewirtz-grossman-llc-encourages-investors-to-contact-the-firm-to-learn-more-about-the-investigation)

3. **Affirm and Sixth Street Announce Long-Term Capital Partnership** (3 months ago) - Affirm and Sixth Street have announced a partnership to invest up to $4 billion in Affirm loans, enhancing their financial capabilities. [Read more](https://www.businesswire.com/news/home/20241213931259/en/Affirm-and-Sixth-Street-Announce-Long-Term-Capital-Partnership-to-Invest-up-to-%244-Billion-in-Affirm-Loans)

4. **Liberty Mutual Investments Expands Capital Partnership with Affirm** (2 months ago) - Liberty Mutual has expanded its capital partnership with Affirm, further solidifying their financial collaboration. [Read more](https://www.businesswire.com/news/home/20250124472065/en/Liberty-Mutual-Investments-Expands-Capital-Partnership-with-Affirm)

5. **Earnings Alert: Affirm Sets Stage for Major Q2 Financial Revelations** (1 month ago) - Affirm announced its Q2 FY2025 financial results, with CEO Max Levchin leading the earnings call. [Read more](https://www.stocktitan.net/news/AFRM/affirm-reports-second-fiscal-quarter-2025-41ixmus6x39a.html)

Competitors

  1. Afterpay - Offers interest-free installment loans and has a larger market share.
  2. Klarna - Provides flexible payment options and has a strong international presence.
  3. PayPal Credit - A well-established BNPL product integrated with PayPal, offering various financing plans.
  4. Zip Co - An Australian BNPL provider with multiple financing options.
  5. Sezzle - Allows interest-free installments and partners with numerous retailers.
  6. Splitit - Unique in leveraging existing credit cards for installment payments.
  7. OpenPay - Focuses on flexible payment solutions and customizable repayment schedules.
  8. ViaBill - Offers interest-free installments with no credit checks.
  9. Bread Financial - Provides personalized financing options and in-store financing.
  10. Uplift - Specializes in travel financing with flexible payment plans.

Find more companies like Affirm

NYC Fintech Companies

Financial Overview

$1.2BTotal Raised
Funding Round$1.22B
Recent
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