Who Owns Affirm? Understanding Its Ownership Structure

Discover the ownership structure of Affirm, from its founder Max Levchin to institutional investors and stockholders.

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Affirm is owned by its founder Max Levchin and various investors who purchased shares through private funding rounds and the company's IPO. As a publicly traded company, its ownership is divided among institutional investors, company executives, and individual stockholders.

FAQs & Answers

  1. What is Affirm? Affirm is a financial technology company that provides point-of-sale loans and buy now, pay later services, allowing consumers to make purchases and pay for them over time.
  2. Who founded Affirm? Affirm was founded by Max Levchin, who is also a co-founder of PayPal.
  3. How does Affirm make money? Affirm makes money by charging interest on loans provided to consumers and collecting fees from merchants for processing transactions.
  4. Is Affirm a public company? Yes, Affirm went public through an IPO in January 2021, allowing shares to be traded on the stock market.