Affirm | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Affirm is a financial services company that offers a Buy Now, Pay Later (BNPL) solution, allowing consumers to make purchases with...
Affirm is a financial services company that offers a Buy Now, Pay Later (BNPL) solution, allowing consumers to make purchases with flexible payment options and no hidden fees or compounding interest. The company focuses on providing honest and transparent financial products to improve the lives of consumers. With a remote-first work culture, Affirm operates in various locations and emphasizes innovation in the financial industry.
Website
Headquarters
San Francisco, California
Size
1001-5000 employees
Industry
Financial Services
Specialities
eCommerce, Payments, Installment Loans, Millennials, Financial Services, Online Payments, Retail, Personal Finance, FinTech, Financial Technology, Financial Management
🛍️ Affirm Product and Pricing News →
👔 Affirm CEO, Management and Leadership Team →
⚔️ Affirm Alternatives and Competitors →
💼 Affirm Hiring and Layoffs →
🤖 Affirm Developer, Integration and Automation News →
📈 Affirm Financials, Fundraising and Valuation News →
🛍️ Affirm Product and Pricing News
- Affirm has announced its first overseas expansion.
- Affirm has expanded its buy now, pay later services to the United Kingdom, marking its first move outside North America, with partners Alternative Airlines and Fexco.
- Affirm will start offering its quick credit products in the United Kingdom.
- Affirm launched a major upgrade to its app for the holiday season.
- Affirm's partners are offering early Black Friday deals with discounts up to 70% and special promotions like receiving up to $875 in jewelry value with purchases.
- Wayne Pommen, Chief Revenue Officer of Affirm, participated in the FT Partners FinTech Conference on November 20, 2024, discussing growth opportunities and partnerships.
- Max Levchin, CEO of Affirm, stated that the company is motivated to accelerate its mission as Americans' credit card debt reached a new record in Q3.
- Affirm has reduced its job openings from 133 to 131 and added New York as a new location for job opportunities.
👔 Affirm CEO, Management and Leadership Team
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Sr Director Technology, Chief of Staff
[email protected] -
Chief of Staff[email protected]
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Chief People Officer[email protected]
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Chief Capital Officer
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Chief Revenue Officer[email protected]
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President[email protected]
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Co-Founder & CEO[email protected]
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Vice President, Credit Risk[email protected]
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Office of the CEO[email protected]
⚔️ Affirm Alternatives and Competitors
- Sezzle |
- PayPal Credit |
- Klarna |
- Afterpay |
- Zip |
- Splitit |
- Bread Financial |
- GoCardless |
- Uplift |
- Zilch |
- Colendi |
- Amount
💼 Affirm Hiring and Layoffs
- Kelly Gillis has started as VP, Chief Audit and Enterprise Risk Executive at Affirm.
- Vishal Kapoor, SVP of Product at Affirm, emphasizes the importance of real-time feedback and an adaptive platform in refining features before scaling.
- Affirm is currently seeking a Director of Service Strategy and Operations in Canada.
- Affirm is currently seeking a Salesforce Developer II in Poland.
- Affirm is currently hiring for the position of Senior Counsel, Privacy in the United States.
- Affirm is currently hiring a Quantitative Analytics Manager in Canada.
- Affirm's Chief Legal Officer Katherine Adkins, President Libor Michalek, and COO & CFO Michael Linford increased their direct ownership by converting options into shares, with Adkins increasing by 1% to 93,545 units, Michalek by 0.73% to 159,449 units, and Linford by 1% to 131,935 units.
- Affirm is hiring a remote Revenue Enablement Specialist I in Canada to support GTM initiatives and enhance Sales and Client Success teams.
🤖 Affirm Developer, Integration and Automation News
- On November 18, 2024, Affirm became the pay-over-time provider for Priceline's B2B business, Priceline Partner Solutions, allowing partner brands to offer Affirm's payment options at checkout.
- Visa introduced the Flexible Credential in the US with support from Affirm.
- Affirm is promoting partnerships to help businesses expand and offer customers payment options ahead of Black Friday.
📈 Affirm Financials, Fundraising and Valuation News
- Affirm announced quarterly results showing growth in revenues and operating income.
- Affirm will release its latest quarterly earnings on November 9 with expected EPS of -0.35 USD compared to last year's 0.14 USD.
- Affirm is growing over four times faster than U.S. e-commerce and accounts for more than half of the pay-later market revenue in the U.S., surpassing all pure-play competitors combined, according to CEO Max Levchin.
- Affirm is set to benefit from the U.S. Federal Reserve's interest rate cuts, which lower borrowing costs and improve profit margins, as it heads into the holiday shopping season.
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