Tag: Affirm

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.

Buy now, pay later company Affirm has completed the acquisition of fellow point-of-sale lending solution PayBright.

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

Just days after Klarna announced that its losses had grown sevenfold in the first half of 2020, PayPal has launched a buy now, pay later offering similar to the one given by Klarna and its rivals such as AfterPay and Affirm.

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.

The company may have raised a massive $300m Series F round in April, but it seems as if Affirm is reportedly looking to fill its coffers with another $1.5bn.

Payment solution Affirm has closed a $200m Series E round of funding led by GIC.

Over 1,600 angel investors have participated in FinTech funding rounds since the start of 2014There were 1666 active angel investors in FinTech in the...