The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the fintech leader at up to $10 billion; preparations are at an early stage but the company is working with Goldman Sachs on a potential listing possibly before the end of the year; Affirm was valued at $2.9 billion in their last funding round in April 2019; the company has been performing well during the pandemic and just last week they announced a big partnership with Shopify where they will power the e-commerce giant’s buy-now-pay-later offering; other companies in the space are doing very well as the world has moved more to online shopping with PayPal up 70% this year and Afterpay, the Australian company, now the most valuable tech company in that country. The Wall Street Journal.
