Articles tagged “Affirm”

Online Travel

Letting the Air Out of Online Travel’s IPO Bloat

Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.

Letting the Air Out of Online Travel’s IPO Bloat

Online Travel

Max Levchin’s Affirm Raises $300 Million for Payments Tech

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?

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Online Travel

Uplift Raises $123 Million to Broaden Its Travel Loan Services

The old idea of payments in monthly installments is seeing new life in the U.S. online travel sector. Uplift is one of the leading tech vendors powering loans to travelers for buying from airlines such as Spirit and search sites like Kayak. Expect a lot of marketing around this in 2019.

Uplift Raises $123 Million to Broaden Its Travel Loan Services

Online Travel

Max Levchin’s Affirm Brings Installment Payments to Travel

PayPal co-founder Max Levchin said his new startup Affirm is piloting a new product where consumers can pre-qualify for a 20-day period with a specific merchant to add on items as they build out their trip, such as flights, hotels, rental cars, seat upgrades. The new effort will bring stiff competition to other startups like Uplift, Airfordable, and AirWallex.

Max Levchin’s Affirm Brings Installment Payments to Travel

Online Travel

Skift Tech Forum Preview: Affirm’s CEO on Travel Industry’s Oncoming Payments Revolution

High upfront costs remain a barrier to many travelers who can't make a large purchase all at once. Affirm is trying to remove that obstacle and other travel brands are warming up to the monthly payments model in the process.

Skift Tech Forum Preview: Affirm’s CEO on Travel Industry’s Oncoming Payments Revolution

Online Travel

Travel Companies Start Lending Consumers Money to Book Trips

Companies ought to carry out adequate checks on the ability of borrowers to repay travel loans on time. Otherwise, a surprise disruption such as an Icelandic volcano or an economic downturn could prompt defaults.

Travel Companies Start Lending Consumers Money to Book Trips