Affirm looks to raise $1.5bn from Spark, Thrive

September 13, 2019 | Personal Finance

Written by FinTech Alliance

Affirm looks to raise $1.5bn from Spark, Thrive

Affirm, a payment plan FinTech, hopes to raise $1.5bn in its latest funding round.

In Brief:

  • The company is valued at $3bn currently.

  • PayPal founder Max Levchin started the business.  

  • It raised $300mn in Series F funding recently, bringing total capital raised to $1.03bn.

What does this mean?

Affirm currently offers customers different payment plan options at the point of sale, tailored to their needs – now, it’s following the lead of major FinTechs and moving into the B2B market, which will require even more capital raised.

Read more here.

 

More in Personal Finance

Financial Wellness Day – our community’s commitment
Personal Finance
March 28, 2020

Financial Wellness Day – our community’s commitment

Today (Saturday 28 March) is Financial Wellness Day. WiseAlpha, in collaboration with MasterInvestor...

Raisin plans US launch for this year.
Personal Finance
January 15, 2020

Raisin plans US launch for this year.

FinTech Alliance company Raisin will launch in the US this year following an acquisition. In Brie...

PayPal-backed Raisin launches savings platform in Ireland
Personal Finance
October 03, 2019

PayPal-backed Raisin launches savings platform in Ireland

Berlin based FinTech Raisin has launched Raisin.ie In Brief: Raisin will launch its Iris...

There are no Knowledge Bank in this category

There are no Events in this category