Affirm

Affirm is a consumer finance firm that offers point-of-sale financing solutions for E-commerce shoppers. Read more

5,710 Followers on Owler
5,710 Followers on Owler
5,710 Followers on Owler
5,710 Followers on Owler

Affirm

Affirm is a consumer finance firm that offers point-of-sale financing solutions for E-commerce shoppers. Read more

Max Levchin's photo - Co-Founder & CEO of Affirm

Co-Founder & CEO

Max Levchin

CEO Approval Rating

90/100

Founded:

2012

Status:

PublicIndependent CompanyNASDAQAFRM

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Klarna is perceived as one of Affirm's biggest rivals. Klarna's headquarters is in Stockholm, Stockholms län, and was founded in 2005. Klarna operates in the Fintech industry. Klarna generates 147% of Affirm's revenue.

Sezzle has been one of Affirm's top competitors. Sezzle is a Public company that was founded in 2016 in Minneapolis, Minnesota. Sezzle operates in the Application Software industry. Compared to Affirm, Sezzle has 741 fewer employees.

Revolut is Affirm's #3 rival. Revolut was founded in London, England} in 2014. Revolut is in the Application Software industry. Compared to Affirm, Revolut generates $296.1M less revenue.

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Affirm Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$509.5M

Affirm's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 1.6B. Over the last two quarters, Affirm's revenue has grown by 57%. Specifically, in Q4 2020's revenue was $204M; in Q4 2019, it was $130M.

Affirm Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
PayBright, Inc.

Dec 2020

Source »
$262.8M
PayBright is a lending platform that offers point-of-sale financing and installment payment solutions for consumers and merchants.
Sweep, Inc.

Apr 2016

Source »
undisclosed
Sweep is a mobile based financial application that enables users to control their cash flow.

These are all the companies that Affirm has acquired. Affirm has acquired 2 companies and its latest acquisition was PayBright, Inc. in Dec 2020. PayBright is a lending platform that offers point-of-sale financing and installment payment solutions for consumers and merchants.

Affirm Funding History

$45M$320M$520M$720M$1B$1.5B$1.6B

Since Affirm was founded in 2012, it has participated in 8 rounds of funding. In total Affirm has raised $1.6B. Affirm's last funding round was on Jan 2021 for a total of $100.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jan 2021
$100M

Series G
Sep 2020
$500M
Series F
Apr 2019
$300M
Series E
Dec 2017
$200M
Debt
Oct 2016
$100M

Since Affirm was founded in 2012, it has participated in 8 rounds of funding. In total Affirm has raised $1.6B. Affirm's last funding round was on Jan 2021 for a total of $100.0M

Affirm Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Balance is a fintech platform that provides online payment and automated financing solutions for businesses.
$5.5M
Feb 03, 2021
Seed
-
Returnly is a web-based platform that offers product return and repurchase claim solutions for online retailers and marketplaces.
$19M
Apr 03, 2019
Series B
-

These are all the companies that Affirm has invested in. Affirm has invested 2 companies and its latest investment was PayBright, Inc. in Dec 2020. PayBright is a lending platform that offers point-of-sale financing and installment payment solutions for consumers and merchants.

Affirm News

February 20, 2021Crowdfund Insider

Survey

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial pub... See more »
February 12, 2021PYMNTS

Affirm Hits 4.5M Users, Shoots For Everyday Payment Expansion

Buy now pay later platform Affirm held its first earnings call as a public company Thursday (Feb. 11)... See more »
February 11, 2021MarketScreener

Reports Fiscal Year 2021 Second Quarter Results

(marketscreener.com) Company Provides Outlook for Fiscal Third Quarter and Fiscal Full Year 2021 http... See more »
February 11, 2021MarketWatch

Affirm earnings top expectations, but stock slips

Affirm Holdings Inc. topped revenue expectations for its latest quarter and issued an upbeat forecast... See more »
February 3, 2021FinSMEs

Balance Raises $5.5M in Seed Funding

Balance, a San Francisco, CA-based self-serve...... See more »
February 3, 2021PaymentsSource

Payments heavyweights back Israeli B2B checkout solution

Balance, an API-based checkout solution designed for B2B e-commerce, has raised $5.5 million to launc... See more »

Affirm Blogs

October 12, 2017Affirm Blog

Getting AMPed: Giving Retailers a Competitive Edge

I’m excited to introduce the Affirm Marketing Performance (AMP) Partner Program. Over the last 6 mont... See more »
August 17, 2017Affirm Blog

Announcing Affirm’s +82 Net Promoter Score

We are proud to announce that Affirm’s Net Promoter Score (NPS) has reached +82. We believe tha... See more »
July 27, 2017Affirm Blog

AFFIRMation 2017 Roundup & Highlights

Our first ever AFFIRMation has already come and gone but I’m left with all that was shared, discuss, ... See more »
May 16, 2017Affirm Blog

Consumers Are Speaking Out but Are Retailers Listening?

Retailers reducing their physical footprint is common in today’s market as more and more consumers ar... See more »
May 11, 2017Affirm Blog

6 Ways Retailers Can Beat the Amazon Effect

Despite, or because of, its already significant foothold, the e-tail giant continues to usurp market ... See more »
May 2, 2017Affirm Blog

4 Reasons Mobile will Drive E-Commerce

It’s not news that mobile commerce needs to be top-of-mind for online retailers. Mobile account... See more »
April 12, 2017Affirm Blog

Announcing Affirm’s 1 Millionth Installment Loan

April 12, 2017: Affirm issued its 1 millionth consumer installment loan. In contrast to traditional r... See more »

Affirm Press Releases

November 12, 2020StreetInsider

Inntopia Exclusively Partners With Affirm to Give Travelers a More Flexible Way to Pay

Inntopias travel merchants can now give consumers the ability to pay over time with no hidden or late... See more »
September 17, 2020Business Wire

Affirm Partners with NutriBullet to Bring Wellness Seekers a Better Way to Pay for Products That Boost Overall Health

SAN FRANCISCO--(BUSINESS WIRE)--Affirm partners with NutriBullet to bring wellness seekers a better w... See more »
July 27, 2020Business Wire

Affirm and Herman Miller Retail Bring Customers a Better Way to Pay for Furniture and Decor

SAN FRANCISCO--(BUSINESS WIRE)--Affirm, a more flexible and transparent alternative to credit cards, ... See more »
June 16, 2020Business Wire

Study Signals People Are Embracing the Summer by Increasing Focus on Wellness, Style, and the Future

SAN FRANCISCO--(BUSINESS WIRE)--With the majority of the spring spent at home, people are preparing t... See more »
March 12, 2020StreetInsider

FishAnywhere.com Partners with Affirm to Offer Monthly Payment Options on Professionally-Guided Fishing Trips

ORLANDO, Fla. (PRWEB) March 12, 2020 Online fishing charter booking website, FishAnywhere.com, is exc... See more »
January 21, 2020Business Wire

Affirm and StubHub Kickoff New Partnership

SAN FRANCISCO--(BUSINESS WIRE)--Affirm, Inc., the financial technology company that provides transpar... See more »

Affirm Videos

October 2, 2020Affirm Youtube Channel

"Affirm for Auto" on YOUTUBE

June 12, 2020Affirm Youtube Channel

"Pride 2020 Trailer" on YOUTUBE

October 4, 2019Affirm Youtube Channel

"Shop Now with Affirm" on YOUTUBE

February 6, 2019Affirm Youtube Channel

"Inside the Affirm Offices" on YOUTUBE

December 1, 2017Affirm Youtube Channel

"Life at Affirm" on YOUTUBE

Social Media

Affirm Headquarters

30 Isabella Street Floor 4

Pittsburgh, Pennsylvania15212

415-984-0490

Driving Directions »

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Affirm Summary

ABOUT

Overview

Affirm is a consumer finance firm that offers point-of-sale financing solutions for E-commerce shoppers. Affirm was founded in 2012. Affirm's headquarters is located in Pittsburgh, Pennsylvania, USA 15212. It has raised 1.6B in 8 rounds. The latest ro...

CEO

Affirm's Co-Founder & CEO, Max Levchin, currently has an approval rating of 90%. Affirm's primary competitors are Klarna, Sezzle & Revolut.

Website

affirm.com

Frequently Asked Questions about Affirm

  1. When was Affirm founded?

    Affirm was founded in 2012
  2. Who is Affirm's CEO?

    Affirm's CEO is Max Levchin
  3. How much revenue does Affirm generate?

    Affirm generates $509.5M in revenue
  4. How much funding does Affirm have?

    Affirm has historically raised $1.6B in funding
  5. Where is Affirm's headquarters?

    Affirm's headquarters is in Pittsburgh Pennsylvania, USA
  1. How many employees does Affirm have?

    Affirm has 916 employees
  2. What sector does Affirm operate in?

    Affirm is in Application Software, Fintech, Online Banking
  3. Who are Affirm's competitors?

    Affirm's top competitors are Klarna, Sezzle, Revolut
  4. Who has Affirm invested in?

    Affirm's has invested in companies such as Balance, Returnly