By Amber Deter The Affirm IPO is filed with the SEC. Founded by a PayPal alumni, the e-commerce platform is finally going public. And investors are looking forward for the launch of Affirm stock.
But is Affirm a good investment opportunity? Here’s what we know…
Affirm IPO: The Business
PayPal co-founder Max Levchin founded Affirm in 2012 with Nathan Gettings, Jeffrey Kaditz and Alex Rampell. Affirm is a technology company providing e-commerce solutions. It allows consumers to make purchases in interest-free installments. The company also offers an app to help people manage payments or open high-yield savings accounts.
In the Affirm IPO prospectus, the company states:
“We are …read more
