Affirm
VC
2012
$11 500 M
San Francisco, California, United States
Profile
Affirm is a financial technology company based in San Francisco, California, founded in 2012 by Max Levchin. The company specializes in providing point-of-sale financing solutions for consumers and merchants, allowing customers to pay over time with transparent terms and no hidden fees. Affirm has grown to employ over 2,800 people and is publicly traded on the NASDAQ under the symbol AFRM.
Affirm primarily operates in the United States, with expansions into Canada and the United Kingdom. The company focuses on the fintech sector, particularly in consumer finance and alternative lending. Affirm offers both zero-interest financing and interest-bearing loans, with the latter constituting the majority of its revenue. The company has raised significant funding from investors such as Founders Fund, GIC, and Lightspeed Venture Partners.
Notable companies that have partnered with Affirm include PayPal, Square, and Klarna. Affirm's innovative approach to consumer finance has positioned it as a leader in the buy now, pay later space, with a transaction volume of around $36 billion in fiscal 2025.
Industry
Affirm Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Affirm Series D
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
E-commerce/Marketplace
Financial Services
Fintech
Retail
Technology
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$100 M
|
April 2016
|
|
Affirm Series E
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
E-commerce/Marketplace
Financial Services
Fintech
Retail
Technology
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$200 M
|
December 2017
|
|
Affirm Series G
|
Venture Capital (VC)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Retail
SaaS
Software
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$500 M
|
September 2020
|
Contacts
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