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Affirm Holdings, Inc. is an American technology company offering financial services to consumers and businesses. [2] [3] [4] Founded in 2012 by PayPal co-founder Max Levchin, [5] it is the largest U.S. based buy now, pay later lender.
- A Passion For Computer Science and Innovation
- The Capital to Explore New Innovations
- Branching Out and Courting Controversy
- Affirm Today, and Family Life
In 1997, Levchin graduated from the University of Illinois with a degree in computer science. But during his time as a student, he had demonstrated an aptitude for entrepreneurship, founding not just one, but four startups alongside his studies. They were all tech companies with a focus on online ad banners and white-label classified ads, marketing...
Not only had Levchin secured his financial future, but his innovation and brilliance now had the attention of Silicon Valley’s most influential figures. With his newfound wealth, he was able to indulge and experiment with his love of entrepreneurship and was even named by the MIT Technology Review as Innovator of the Year - and one of the top 100 i...
Not content to stay within the boundaries of fintech, by now Levchin was looking further afield. He could see the way technologies and the analysis of data could be used to help people not just with transactions, but even with their personal lives. In 2013, he launched Glow, a data-driven fertility and women’s health tracking app that has been inst...
Today, Affirm is one of the world’s leading BNPL operators. In January 2021, the company went public, doubling its valuation from $12bn to $24bn. Today, in the current financial climate, its stocks have taken a considerable hit. But it remains an established and well-used lender, with its customer-friendly, flexible services continuing to attract t...
- Joanna England
2 days ago · Max Levchin. Reflects change since 5 pm ET of prior trading day. Levchin is cofounder and CEO of Affirm Holdings, a fintech lending company that helps people pay for items like cameras and dresses ...
Jan 13, 2021 · INTERVIEW: Max Levchin couldn't get a car loan, so he founded Affirm. The buy now, pay later fintech raised $1.2 billion in its public markets debut. Minutes before Affirm's long-awaited IPO ...
- Henry Blodget
Aug 18, 2023 · The APR can range from 0% to 30%. While the average for an Affirm loan is 18%, approximately 43% of loans are issued at 0% APR. Applicable rates depend on the agreement with the merchant and the credit quality of the buyer. Affirms states that the average loan size is $750, although it offers loan facilities up to $17,500.
[relinking] Home History Owners Mission How It Works How It Makes Money Affirm Holdings, Inc. (AFRM) InformationA Brief History of Affirm Holdings, Inc. (AFRM) Founding and Growth Affirm Holdings, Inc. was founded in 2012 by Max Levchin, a co-founder of PayPal. The company was established to provide consumers with a flexible alternative to traditional credit cards. Funding Rounds Affirm has ...
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Jan 7, 2021 · Max Levchin came to the US at age 16 and has founded over a dozen companies in his lifetime ranging from Slide, a personal media-sharing service, to Glow, a women's reproductive health tech company.
