Tag: affirm

PrimaHealth Credit offers a buy-now, pay-later lending service for elective procedures

The Newport Beach, Calif.-based healthcare lending service PrimaHealth Credit  is now pitching point-of-sale lending services for elective medical procedures. Taking the kinds of financial lending services that have been popularized by companies like Klarna and Affirm, PrimaHealth Credit is bringing them into elective surgical space for things like cataract surgery,…

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Extra Crunch roundup: A fistful of IPOs, Affirm’s Peloton problem, Zoom Apps and more

DoorDash, Affirm, Roblox, Airbnb, C3.ai and Wish all filed to go public in recent days, which means some venture capitalists are having the best week of their lives. Tech companies that go public capture our imagination because they are literal happy endings. An Initial Public Offering is the promised land…

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A16z is now managing $16.5 billion, after announcing two new funds

Andreessen Horowitz (a16z) has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early-stage fund focused on consumer, enterprise and fintech; and closed a $3.2 billion growth-stage fund for later-stage investments. The firm did…

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Affirm files to go public

Affirm, a consumer finance business founded by PayPal mafia member Max Levchin, filed to go public this afternoon. The company’s financial results show that Affirm, which doles out personalized loans on an installment basis to consumers at the point of sale, has an enticing combination of rapidly expanding revenues and…

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A major fintech startup exec is being minted into NYC’s latest VC

There is massive momentum in fintech right now: regulations are finally opening up, APIs are more widely available than ever before, and there is a sense that existing products — both financial and technical — are just not doing the job that consumers and financial professionals demand. With excitement like…

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Thrive gives loans to students based on summer internships and job offers

Thrive, founded by Twitter alumni Deepak Rao and Siddarth Batra, wants to fund student expenses by looking at job offer letters as a way to evaluate loans. Today, it launched its loan platform and is accessible to students on over 400 campuses across 31 states. The San Francisco company helps…

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