Affirm to acquire Canadian buy-now-pay-later provider PayBright for $264m

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Affirm to acquire Canadian buy-now-pay-later provider PayBright for $264m

Affirm acquisition of PayBright : US based pay-over-time platform Affirm has agreed to acquire PayBright, a Canadian buy-now-pay-later provider for around CAD $340 million ($264 million) in a cash-cum-stock deal. The acquisition follows the recent fundraising of $500 million by the California-based Affirm through a Series G round, led by Singaporean sovereign wealth fund GIC, […]

California-based fintech company Affirm raises $500m in Series G round

By on    General business news  

California-based fintech company Affirm raises $500m in Series G round

Affirm, a California-based fintech company, which claims to offer a more flexible and transparent alternative to credit cards, has raised $500 million in a Series G round of funding. Singaporean sovereign wealth fund GIC, which is a returning investor, and Durable Capital Partners led the funding round of the fintech company, which caters to consumers […]