18 September 2020

Affirm raises $500mn 

Written By FinTech Alliance

Affirm raises $500mn 

POS buy now, pay later firm has raised $500mn Series G funding. 

In Brief:  

  • The San Francisco based lender was founded in 2012.  

  • Its total funding raised now stands at over $1.3bn. 

  • It currently provides its solution to more than 5.6mn consumers in the US and Canada. 

What does this mean?  

Affirm has not stated exactly what the funding will be used for, but it was reportedly preparing for an IPO in July, it will also be working with Shopify to offer a digital BNPL solution.  

Read more here.    

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