Wednesday, April 13, 2016

Max Levchin's Affirm Finds $100M

San Francisco-based financial services technology startup Affirm, which was founded by PayPal founder Max Levchin, has raised $100M in a Series D funding. The funding was led by Founders Fund, and also included Lightspeed Venture Partners, Spark Capital, Khosla Ventures, Andreessen Horowitz, Jefferies, and others. Affirm provides consumers with purchase financing, providing upfront pricing and monthly payments to help shoppers purchase items on credit.