2021 IPO

Affirm Stock

Fintech company offering installment loans at the point of sale

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Notable Investors

Andreessen Horowitz


San Francisco CA, US

Total Funding


About Affirm Stock

Affirm is a financial technology services company that offers installment loans to consumers at the point of sale. The company’s product allows consumers to buy goods or services offered by online merchants and pay off those purchases in fixed monthly payments, with an APR based on a consumer's credit check. Its users can select Affirm as their payment method at checkout, fill out fields for real-time decisions, choose the payment plan that fits their budget, and process their order. The company also claims to reach a broader population of consumers through technology and analytics that look beyond traditional FICO scores. Affirm makes loans in partnership with originating bank partner Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC.

Affirm was incorporated in 2012 and is based in San Francisco, California.

Example Affirm Installment Loans


Source: Bloomberg; Crunchbase; Affirm


Funding History

July 2012$7.5M
December 2013$26.0M
March 2015$72.8M
April 2016$138M
December 2017$243M
March 2019$308M
September 2020$75.3M
September 2020$464M


Co-founder & CEO

Max Levchin


Libor Michalek


Institutional Investor - Nov, 13 2018

Fintech Finance's Power Players

DigitalCommerce360 - Oct, 4 2018

Square takes aim at PayPal and Affirm

VatorNews - Nov, 17 2017

How does Affirm make money?

EquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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