Affirm

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Affirm is a public fintech and two-sided payment network that provides transparent buy-now-pay-later and installment checkout for consumers while helping merchants increase conversion and order values.

Primary product

Buy now, pay later / pay-over-time checkout and Affirm Card

Founded

2012

Headquarters

650 California Street, San Francisco, California 94108, United States

Team size

2,001-5,000

Work style

Remote

Industry

Financial Services

Sub-industry

Buy now, pay later (BNPL) / consumer lending / fintech

Offices

San Francisco, CA, United States (HQ)

Chicago, IL, United States

New York City, NY, United States

Pittsburgh, PA, United States

Seattle, WA, United States

Toronto, Ontario, Canada

Warsaw, Poland

Madrid, Spain

London, United Kingdom

Business model

two-sided payment network

buy now, pay later lending

merchant checkout financing

merchant fees

interest-bearing consumer loans

interchange fees

loan servicing

gain on sale of loans

Funding

Stage

public

Total raised

$1.5B

Latest round

Post-IPO Equity · Jan 2021

Convertible senior notes due 2029

Dec 2024

$800M

Post-IPO Equity

Jan 2021

IPO

Jan 2021 · Goldman Sachs, Morgan Stanley, Barclays (underwriters)

$1.2B

Series G

Sep 2020 · GIC, Durable Capital Partners

$500M

Series F

Apr 2019 · Thrive Capital

$300M

Secondary Market

Apr 2018

Series E

Dec 2017 · GIC

$200M

Debt Financing

Oct 2016 · Morgan Stanley

$100M

Debt financing

Oct 2016 · Morgan Stanley

$100M

Series D

Apr 2016 · Founders Fund

$100M

Series C

Sep 2015 · Spark Capital

$80M

Series B

May 2015 · Spark Capital

$275M

Series A

Jun 2014 · Khosla Ventures, Lightspeed Venture Partners

$45M

Seed

Apr 2014 · Max Levchin, Peter Thiel

$4M

People & investors

Leadership

Max Levchin

Founder and CEO

Libor Michalek

President

Michael Linford

Chief Operating Officer

Rob O'Hare

Chief Financial Officer

Katherine Adkins

Chief Legal Officer and Chief Compliance Officer

Barb Cadigan

Chief People Officer

Wayne Pommen

Chief Revenue Officer

Vishal Kapoor

SVP, Product

Geddes Munson

SVP, Engineering

Pat Suh

SVP, Revenue

Rob Finnegan

SVP, Risk & Analytics

Founders

Alex Rampell

Co-founder

Jeffrey Kaditz

Co-founder

Nathan Gettings

Co-founder

Investors

Work & culture

Remote-first, high-performance, transparent, people-first, and inclusive, with a strong emphasis on honest financial products, published pay structures, and employee development.

Work style

Remote

Compensation

Affirm describes a simple, flexible, transparent remote-first compensation structure and says it uses published pay structures with frequent compensation reviews; no public salary bands were found.

Benefits

remote-first workforce

spending wallets for tech, food, lifestyle, and family planning

health benefits

mental health programs

18 weeks paid parental leave

4-week return-to-work transition program

20 company-wide away days

learning and development programs

employee resource groups

$0 employee medical premiums

Product & market

Pricing

Merchant fees plus consumer interest on some loans; no late fees; 0–36% APR depending on credit and eligibility; Pay in 4 can be 0% APR.

Differentiators

—No late fees or hidden fees
—Transparent upfront repayment terms
—Transaction-level underwriting with proprietary machine learning
—Terms from weeks to up to 5 years
—Broad merchant and platform integrations
—Flexible capital/funding model
—App, browser extension, card, and checkout experiences
—Merchant conversion and average order value lift

Technology

Gatsby

React

JavaScript

Bootstrap

Cloudflare

Google Analytics

Hotjar

Google Tag Manager

AWS EKS

Kubernetes

Amazon Aurora

Istio

gRPC

Envoy

Python

Celery

RabbitMQ

gevent

Kotlin

Apache Airflow

Customers

consumers

merchants

e-commerce platforms

Amazon

Shopify

Walmart

Apple

Wayfair

Lowe's

H&R Block Canada

Virgin Media O2

Whisker

Bugaboo North America

retail brands across home & lifestyle, fashion, beauty, travel, fitness, auto service and parts

Competitors

Afterpay

Klarna

traditional credit cards

PayPal Pay Later

Scale & contact

Estimated revenue

$3B-$4B

Estimated monthly visits

28.5M

Traffic estimate as of May 2026

ir@affirm.com (415) 960-1518

Signals & risks

Layoff

Feb 2023

CEO Max Levchin announced a 19% workforce reduction in a company message.

Source

Acquisition

Jan 2021

Affirm acquired PayBright in January 2021; Wayne Pommen joined Affirm through that acquisition.

Source

Other

Jun 2025

The FY2025 10-K flags reliance on a small number of commercial partners and originating banks, including Amazon, Shopify, Celtic Bank, Lead Bank, and Evolve Bank & Trust.

Source

Latest news

Affirm and CPP Investments renew and expand capital partnership

Morningstar / Business Wire · Jun 2026

Affirm and CPP Investments renewed a 24-month forward-flow agreement worth $1.7B initially, expandable to $2.2B, supporting up to about $8B in consumer loan volume.

Affirm works with Google to make AI shopping payments clear and simple

Affirm Holdings, Inc. · May 2026

Affirm expanded its integration into Google Search, Google Pay, and the Gemini app, and said shoppers will be able to see transparent pay-over-time options in AI-driven checkout flows.

Third Quarter Fiscal Year 2026 Shareholder Letter / Results

SEC · May 2026

Affirm reported strong fiscal Q3 2026 results, including about 27 million active consumers, more than $46B in GMV, and continued improvement in profitability and operating leverage.

Affirm expands Stripe partnership to support Shared Payment Tokens for agentic commerce

Affirm Holdings, Inc. · Mar 2026

Affirm and Stripe expanded their partnership so AI agents can initiate purchases with shopper permission, extending Affirm pay-over-time options into agentic commerce.

Affirm's FY2025 Impact Report — progress toward a more honest, inclusive, and sustainable financial future

Affirm Holdings, Inc. · Feb 2026

The FY2025 impact report highlighted remote-first culture, 23 million active consumers, 377,000 active merchants, $36.7B GMV, and continued transparent compensation and benefits practices.

Jobs and careers at Affirm

199 jobs at Affirm

Executive Assistant III

Remote

UK Commercial

Remote UK

3d ago

Remote

Full-time