Affirm Inc.
Affirm, a publicly traded financial technology company based in San Francisco, California, was founded in 2012. The company specializes in providing installment loans for consumers to use at online and offline points of sale, offering a “buy now, pay later” (BNPL) alternative that directly competes with traditional credit and debit card payment methods.
As of 2023, Affirm is recognized as the leading BNPL financier in the United States by gross payment value processed, outpacing competitors like Klarna and Afterpay. For instance, during the April-June quarter of 2023, Affirm financed $5.5 billion, accounting for 2.04% of the $269.5 billion in total U.S. e-commerce payments for the period. Affirm’s mobile app has also been a significant driver of its success, holding the distinction of being the most downloaded BNPL app in the U.S. as of mid-2023.
Contact Info
- www.affirm.com
- San Francisco, California, United States
