Startup Affirm Gets Investment from GIC and a Valuation Nearing $2 Billion
www.wsj.comFinancial-technology startup Affirm Inc. said Monday that it raised $200 million in new equity as it battles larger players getting into its core business of lending to consumers for retail purchases.
The so what: Lending continues to heat up from existing competitors in the space, with companies also moving into tangential spaces like PFM.
Read more...