Affirm

San Francisco, CA, USA Financial Services Public

Affirm is a financial technology company that provides point-of-sale lending and buy now, pay later (BNPL) services. The platform enables consumers to purchase goods and services and split payments into installments, while merchants integrate Affirm payment options at checkout. The company uses machine learning and credit scoring to underwrite loans and generates revenue through service fees from merchants and interest from borrowers.

Public Company

Affirm is publicly traded

IPO'd on January 13, 2021

AFRM NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under AFRM.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Total Funding

$1.42B

6 rounds

Last Private Valuation

$7B

September 17, 2020

Funding

Total raised $1.42B across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series G

Date

September 17, 2020

Amount

$500M

Valuation

$7B

Lead Investors

GICDurable Capital Partners
DateRoundAmount RaisedValuationLead Investors
September 17, 2020 Series G $500M $7B GIC, Durable Capital Partners
April 3, 2019 Series F $300M $2.9B Thrive Capital
December 13, 2017 Series E $200M $1.8B GIC

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 2016 2017 2018 2019 2020 Affirm

Entry · Series B

$0.6B

May 2015

Affirm today

$7B

Sep 2020 · latest mark

Affirm multiple

12.2x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Max Levchin

    Co-Founder & CEO

    LinkedIn
  • Libor Michalek

    President

  • Michael Linford

    Chief Financial Officer

  • Katherine Adkins

    Chief Legal Officer

  • Wayne Pommen

    Chief Revenue Officer

  • Silvija Martincevic

    Chief Commercial Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Klarna

    Swedish BNPL provider founded in 2005, offering interest-free installment payments and longer-term financing options for consumer purchases.

  • Afterpay

    Global BNPL provider owned by Block, Inc., offering installment loans to consumers and serving thousands of retailers in fashion, beauty, and home categories.

  • Sezzle

    Rapidly growing BNPL platform offering interest-free installment payments and shop-now-pay-later financing for consumer purchases.

  • Zip Co. (formerly QuadPay)

    BNPL provider operating in the U.S., Australia, and New Zealand, offering buy now pay later financing and installment options.

Affirm Investment FAQ

Affirm FAQ

Yes, Affirm is publicly traded under the ticker symbol AFRM on the NASDAQ. The company went public in January 13, 2021.

Affirm trades under the ticker symbol AFRM on the NASDAQ. It began trading in January 13, 2021.

Affirm (AFRM on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker AFRM to place an order.

Affirm went public in January 13, 2021 via ipo, with an offering valuation of approximately $7B. Affirm completed its initial public offering on January 13, 2021, on the NASDAQ stock exchange under the ticker symbol AFRM. The company priced its shares at $49 per share, above the target range of $41-$44, and raised approximately $1.2 billion from the IPO.

Affirm raised $1.42B across 6 disclosed funding rounds prior to its public listing.

Affirm was founded by Max Levchin in 2012.

Affirm is headquartered in San Francisco, CA, USA.

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Data collected with AI, which can make mistakes. Please double-check this information.