Max Levchin's Affirm Raises $300 Million for Payments Tech
Skift Take
With this investment, PayPal co-founder Max Levchin has raised $800 million to grow Affirm, which lets consumers pre-qualify for loans to buy flights, hotels, rental cars, seat upgrades, and non-travel products. Who said payments aren't sexy?
Affirm, a startup helping Americans pay for consumer goods over time, has raised $300 million in a new funding round. That brings Affirm's equity funding total to more than $800 million since its founding in 2012.
Thrive Capital led the round. Other new investors included Fidelity Management and Research Company, Baillie Gifford, Wellington Management Company LLP, and Ashton Kutcher and Guy Oseary’s Sound Ventures.
CEO Max Levchin, who co-founded PayPal in 2002 and has served on th
