Affirm, founded in 2012, operates in the consumer finance and e-commerce sectors, providing point-of-sale lending services. The company offers transparent buy now, pay later installment loans at the point of sale - online, in-store, or through digital wallets - characterized by no late fees, no hidden charges, and clear terms presented upfront. Its model is built on a mission-driven approach and ethical underwriting practices.
The company's technical work involves machine learning and ethical underwriting. Affirm's platform has reached a scale of nearly 26 million users and processes approximately $37 billion in annual payments. Its services are available in the United States, Canada, and the United Kingdom.
