Full-Time
Offers buy now, pay later financing solutions
$109k - $159k/yr
Senior, Expert
Company Historically Provides H1B Sponsorship
Remote in Canada
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Affirm provides point-of-sale financing solutions as an alternative to traditional credit cards. It allows consumers to make purchases and pay over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment options into online and in-store shopping experiences, using user-friendly plugins and APIs. The company earns revenue from interest and fees on loans to consumers, as well as from merchants who pay to offer Affirm's financing. Additionally, Affirm offers a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options. The goal of Affirm is to empower consumers with flexible payment solutions while providing value to merchants.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
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Spending wallets: Access tech, food, lifestyle, and family planning wallets for your expenses
Supportive communities: Get involved with our employee resource groups and community groups
Remote-first workforce: If your role is remote, you can set up shop anywhere in your home country
Generous time off: Take the time you need when life happens
Health benefits: Get a plan that fits your needs
Mental healthcare: Take care of your mind with great mental health programs
Parental leave: Birth and non-birth parents get 18 weeks paid leave. Plus, a 4-week return-to-work transition program, at full base pay.
Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family.
Away days: We offer 24 company-wide paid days off—which help our teams collectively pause to recharge.
Learning & development: Engage in exciting learning programs to level up your growth.
The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward. That was the case this last week, as the overall Index surged 13.8%. Janover was the standout here, leaping a staggering 827%
Affirm, a fintech startup based in San Francisco, raised $500 million in a Series G funding round led by GIC, bringing its total funding to $1.3 billion. The company, known for its installment payment options, is introducing a biweekly interest-free payment option. Affirm partners with over 6,000 merchants and serves 5.6 million shoppers in the US and Canada. The company is currently hiring for various roles.
Affirm and Shopify have expanded their pay-later offering beyond U.S. borders.The companies announced Wednesday (April 9) that Shopify merchants in Canada who have signed up for early access can begin offering the Affirm-powered Shop Pay Installments program, marking its first availability outside the U.S.“We’re thrilled to launch Shop Pay Installments in early access to Canada as our first step beyond the U.S.,” Kaz Nejatian, Shopify’s chief operating officer, said in a news release.“Our partnership with Affirm expands our global reach, giving shoppers the flexibility to pay over time, and drives higher conversion rates for merchants worldwide.”According to the release, Shop Pay Installments will be made available in general access to Shopify merchants in Canada and the U.K. this summer, with cross-border commerce capabilities between the U.S., Canada, and U.K. expected to follow.The companies first announced plans to expand Shop Pay Installments — which lets customers make payments in customized biweekly or monthly intervals — in February.After launching in the U.K. and Canada, the companies plan to expand their partnership to Australia and Western Europe, beginning with France, Germany and the Netherlands.“As Shop Pay Installments launches in each new market, local merchants will be able to seamlessly activate the product directly from their Shopify admin dashboard — no additional development or technical integration required,” the release added.The expanded partnership comes at a moment when — as PYMNTS wrote earlier this week — buy now, pay later (BNPL) options are “rapidly becoming a permanent fixture in how consumers budget, shop and pay.”To get a more expansive view of the pay-later industry, PYMNTS spoke with five industry leaders for the new eBook, “Reimagining Consumer Finance: The Strategic Rise of Buy Now, Pay Later.”Among those experts is Affirm founder/CEO Max Levchin, who sees the sector transforming into a trusted, ubiquitous service, much like American Express became a household name in credit.In his opinion, consumers enjoy BNPL’s predictability and sense of control over repayment more than the ability to borrow.“Our appeal is not that it’s some cool way of borrowing money,” he said of his company.Rather, the appeal lies in the ability to eliminate late fees and hidden costs while improving merchants’ conversion rates and average transaction values.Meanwhile, recent PYMNTS Intelligence research looks at the popularity of BNPL among more affluent consumers for both luxury purchases and essentials.“Maybe they have maxed out their credit cards and have an expensive auto repair. Maybe the card they want to use comes with perks and rewards that they want to tap into for another purchase,” PYMNTS wrote Wednesday.“What’s clear is that the alternative credit option has become mainstream for the majority of higher earners.”
Buy now, pay later (BNPL) isn’t just a niche payment option anymore — it’s rapidly becoming a permanent fixture in how consumers budget, shop and pay, according to five industry leaders whose insights preview the new eBook, “Reimagining Consumer Finance: The Strategic Rise of Buy Now, Pay Later.”. Max Levchin, founder and CEO of Affirm, sees the sector evolving into a trusted, ubiquitous service — similar to how American Express became a household name in credit. In his view, consumers value BNPL’s predictability and sense of control over repayment more than the ability to borrow. Affirm’s model, Levchin says, focuses on clarity: “Our appeal is not that it’s some cool way of borrowing money,” but that it eliminates late fees and hidden costs while boosting merchants’ conversion rates and average transaction values. Ed O’Donnell, CEO of Versatile Credit, highlights how economic headwinds have increased demand for pay-later financing
In a week of historic stock trading, where we haven’t seen plunges of this magnitude in five years, it’s easy to count the number of CE 100 Index names that finished in the green. Because they could be counted on one hand. Healthcare stocks like McKesson and United Healthcare were up 2.3% and 1.8% respectively. Ahold [] The post CE 100 Index Sinks 9.9% on Tariff Worries and Payment Names Plunge appeared first on PYMNTS.com.