Affirm (company)

Affirm is a financial technology company. Max Levchin currently serves as the CEO and co-founder. Created in 2012 by Levchin, Palantir Technologies co-founder Nathan Gettings, and Jeffrey Kaditz. Affirm is based in San Francisco.[1]

According to The Wall Street Journal, "Rather than rely on FICO credit scores, Affirm calculates the risk of borrowers based on a range of personal data including information gleaned from social-media profiles as well as the cost of the items being purchased. It then determines what rate and structured payment makes sense to offer the customer. Affirm is one of several Web startups experimenting with more flexible loans."[2]

Affirm has raised roughly $420 million to date in equity and debt.[3]

References

  1. ↑ "Max Levchin: Young people 'dislike big banks'". Usatoday.com. 2014-12-12. Retrieved 2015-04-09.
  2. ↑ "PayPal Co-Founder Max Levchin Raises $45 Million for Startup Affirm - Digits - WSJ". Blogs.wsj.com. 2014-06-09. Retrieved 2015-04-09.
  3. ↑ "Afirm funding rounds". CrunchBase. Retrieved 2016-05-01.

External links


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