WASHINGTON: Affirm, a startup led via PayPal co-founder Max Levchin, stated Thursday it secured $a hundred million in financing to expand its customer lending commercial enterprise that targets to disrupt the credit card enterprise.
The economic tech enterprise stated it had acquired the line of credit from investment financial institution Morgan Stanley.
That brings Affirm’s financing to over $four hundred million, consistent with the net database Crunchbase.
A organization assertion said Affirm “will leverage the ability to keep its expansion of customer-pleasant factor-of-sale financing at leading online and offline outlets.”
Intangible Asset 