Affirm looks to raise $1.5bn from Spark, Thrive

September 13, 2019 | Personal Finance
Written by FinTech Alliance

Tags

Payments
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

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...

Swiss personal finance FinTech becomes unicorn
Personal Finance
August 22, 2019

Swiss personal finance FinTech becomes unicorn

A Zurich-based financial technology startup has reached $1bn in valuation. In Brief: Numbrs...

There are no Knowledge Bank in this category

There are no Events in this category