Finance Breaking news Affirm raises $500m last financial news

Breaking-Finance.Com - Affirm, Max Levchin's buy now, pay later credit card alternative, has raised $500 million in a Series G funding round led by GIC and Durable Capital Partners.

Finance Breaking news Affirm raises $500m last financial news

Breaking-Finance.Com - Affirm, Max Levchin's buy now, pay later credit card alternative, has raised $500 million in a Series G funding round led by GIC and Durable Capital Partners.

Finance Breaking news Affirm raises $500m last financial news
17 September 2020 - 21:00

Breaking-Finance.Com - Affirm, Max Levchin's buy now, pay later credit card alternative, has raised $500 million in a Series G funding round led by GIC and Durable Capital Partners. Lightspeed Venture Partners, Wellington Management Company, Baillie Gifford, Spark Capital, Founders Fund, and Fidelity Management & Research Company joined the round for Affirm, which has now raised over $1.3 billion to date.

.In July it scored an exclusive deal with e-commerce marketplace Shopify and is now introducing an interest-free biweekly payment product for transactions as low as $50.Says Levchin: "Alongside this new capital, our latest product is another step towards becoming as ubiquitous as credit cards - Affirm is now an even more attractive payment option for everyday wants and needs."

Source = Breaking-Finance.Com

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Finance Breaking news Affirm raises $500m last financial news


Finance Breaking news Affirm raises $500m last financial news


Finance Breaking news Affirm raises $500m last financial news


Finance Breaking news Affirm raises $500m last financial news

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