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Affirm's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

Affirm's headqua... Read more

Estimated Annual Revenue

Estimated Employees

Max Levchin's photo - Founder & CEO of Affirm

Founder & CEO

Max Levchin

CEO Approval Rating

85/100

OVERVIEW

Founded:

2012

Headquarters:

San FranciscoCalifornia

Status:

Private

Industry Sector:

Application Software

SIC Code:

6199NAICS listing »

Top Competitors or Alternatives

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Growth Score - 1/1

Is $80M a good estimate for Affirm's revenue?

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Trending News for Affirm and Affirm's Competitors

Today 1:07 PM

CNBC

Square profit beats on growth in subscription and services business

Square beat market expectation for quarterly profit on Wednesday, as the payments processor earned mo... See more »

February 26, 2020

CNBC

Klarna, the $5.5 billion payments unicorn backed by Snoop Dogg, just reported its first annual loss

Swedish fintech start-up Klarna has reported an annual loss for the first time, following years of pr... See more »

February 26, 2020

MarketScreener

AAN Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Aaron's, Inc.

(marketscreener.com) NEW YORK, Feb. 26, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewir... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Zest AI is perceived as one of Affirm's biggest rivals. Zest AI's headquarters is in Los Angeles, California, and was founded in 2009. Zest AI operates in the Application Software industry. Zest AI generates 91% of Affirm's revenue.

Square has been one of Affirm's top competitors. Square is a Public company that was founded in 2009 in San Francisco, California. Square operates in the Internet Software industry. Compared to Affirm, Square has 2,769 more employees.

Earnest is Affirm's #3 rival. Earnest was founded in San Francisco, California} in 2013. Earnest is in the Diversified Financial Services industry. Compared to Affirm, Earnest generates $60M less revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Max Levchin

Founder & CEO

- -
580
$1B
$80M
1

Douglas Merrill

Founder & CEO

81/100
79
$262M
$73M
2

Jack Dorsey

Chairman & CEO

85/100
3,349
$962.7M
$4.3B
3

Susan Ehrlich

CEO

79/100
150
$290M
$20M
4

CEO

- -
20
$1.8M
$4M
5

Tara Kneafsey

CEO

78/100
475
$158.2M
$7M
6

Anthony Eisen

Co-Founder & CEO

76/100
108
$447M
$46.7M
7

Marc Schneider

President & CEO

79/100
50
$85M
$3M
8

David Zalik

CEO

63/100
1,088
$410M
$509.7M
9

Sebastian Siemiatkowsk

Co-Founder & CEO

70/100
2,500
$1.3B
$627M
10

Anthony Noto

CEO

69/100
1,400
$2.5B
$596M
The top 10 competitors in Affirm's competitive set are Zest AI, Square, Earnest, Peerform, Wonga, Afterpay, Zebit, GreenSky, Klarna and SoFi. Together they have raised over 6.5B between their estimated 9.4K employees. Affirm's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 572.6M. Affirm has 580 employees and is ranked 5th among it's top 10 competitors. The top 10 competitors average 890.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
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's latest acquisition was Sweep, Inc. in Apr 2016. Sweep is a mobile based financial application that enables users to control their cash flow.

Affirm Funding History

Since Affirm was founded in 2012, it has participated in 6 rounds of funding. In total Affirm has raised $1.0B. Affirm's last funding round was on Apr 2019 for a total of $300.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series F
Apr 2019
$300M

Thrive Capital

Series E
Dec 2017
$200M
Debt
Oct 2016
$100M
Series D
Apr 2016
$100M
Series B
May 2015
$275M

Total Funding: $1B

Since Affirm was founded in 2012, it has participated in 6 rounds of funding. In total Affirm has raised $1.0B. Affirm's last funding round was on Apr 2019 for a total of $300.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

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's latest investment was Sweep, Inc. in Apr 2016. Sweep is a mobile based financial application that enables users to control their cash flow.

Affirm News

February 20, 2020The Business Journals: Chicago

Affirm opening satellite office in Chicago at 350 N. Orleans

Affirm Inc., a tech company that provides alternative-payment options for retail purchases, will open... See more »
February 6, 2020Silicon Valley Daily

Affirm's Fourth Office Lands in the Windy City

High-growth Technology Company Led by PayPal Co-founder to Hire 100 employees by the end of 2020 CHIC... See more »
November 5, 2019PYMNTS

The Science Behind Affirm's Identity Data Play

Digital identities are gaining popularity across industries as businesses, services and other operati... See more »
October 21, 2019Business Insider India

Read the pitch deck that helped Divvy raise $30 million to provide alternate financing for prospective homebuyers

Buying a home, particularly for Millennials, is a complicated and expensive process - at times it can... See more »
October 18, 2019Retail Dive

Affirm launches mobile app for payment installments

Half of the payment platform's users are millennials or Gen Z shoppers.... See more »
September 16, 2019Banking Technology

Max Levchin's pay later Affirm said to be raising $1.5bn

The main investor is supposedly known as a warehouse facility.... See more »
September 13, 2019PYMNTS

Affirm Looks To Raise $1.5B On $3B Valuation

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to ... 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 19, 2018Business Wire

Menē Inc. Partners with Affirm to Offer New Credit Alternative to U.S. Customers

TORONTO--(BUSINESS WIRE)--#mene--Menē Inc. (TSX-V:MENE) ("Menē" or the "Company"), an online 24 karat... See more »
November 13, 2018Business Wire

Fintech Company Affirm Unveils Updated Brand, New Logo and Shopping Features in Time for the Holidays

SAN FRANCISCO--(BUSINESS WIRE)--Fintech company Affirm unveils updated brand, new logo and shopping f... See more »
September 4, 2018Business Wire

Americans Are Planning to Spend Less on Fashion This Fall; Many Are Embracing Alternatives to Cash or Credit Cards

SAN FRANCISCO--(BUSINESS WIRE)--Affirm, Inc., the company founded by entrepreneur Max Levchin to prov... See more »
November 30, 2017Business Wire

Affirm Joins Forces With Shopify Plus to Help High Growth Retailers Rapidly Scale Online Store Sales

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Joins Forces With Shopify Plus to Help High Growth Retailers R... See more »
November 6, 2017StreetInsider

Affirm Launches New Way to Pay For Holiday Travel

Affirm, Inc., the company started by serial entrepreneur Max Levchin to provide fair and honest finan... See more »
October 23, 2017Business Wire

Affirm Reinvents Credit for 21st Century

LAS VEGAS--(BUSINESS WIRE)--Affirm Reinvents Credit for 21st Century. New App gives consumers a simpl... See more »
December 14, 2016PR Newswire

Consumers Aren't Averse to Debt and Credit - They're Averse to Uncertainty

SAN FRANCISCO, Dec. 14, 2016 /PRNewswire/ -- Affirm, Inc., the company started by PayPal co-founder M... See more »

Affirm Videos

December 1, 2017Affirm Youtube Channel

"Life at Affirm" on YOUTUBE

See more »
October 6, 2017Affirm Youtube Channel

"Affirm Retail Partners Testimonial" on YOUTUBE

See more »
September 22, 2017Affirm Youtube Channel

"Roger CPA Review Testimonial" on YOUTUBE

See more »
September 22, 2017Affirm Youtube Channel

"Reverb Testimonial" on YOUTUBE

See more »
September 22, 2017Affirm Youtube Channel

"Ting Mobile Testimonial" on YOUTUBE

See more »
July 27, 2017Affirm Youtube Channel

"Affirm: Honest Finance" on YOUTUBE

See more »
March 31, 2017Affirm Youtube Channel

"Webinar: 4 Ways Modern Credit Drives E-Commerce Success" on YOUTUBE

See more »

Social Statistics

Headquarters

-

San Francisco, California94104

Driving Directions »

Trending Companies

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 San Francisco, California, USA 94104. It has raised 1.0B in 6 rounds. The latest r...

CEO

Affirm's Founder & CEO, Max Levchin, currently has an approval rating of 85%. Affirm's primary competitors are Zest AI, Square & Earnest.

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 $80M in revenue

  4. How much funding does Affirm have?

    Affirm has historically raised $1B in funding

  5. Where is Affirm's headquarters?

    Affirm's headquarters is in San Francisco California, USA

  1. How many employees does Affirm have?

    Affirm has 580 employees

  2. What sector does Affirm operate in?

    Affirm is in Application Software

  3. Who are Affirm's competitors?

    Affirm's top competitors are Zest AI, Square, Earnest

  4. Who has Affirm invested in?

    Affirm's has invested in companies such as Returnly
Stay up-to-date with the latest news on Affirm