Affirm Raises $1.2B in IPO, AFRM Stock Soars 98% on First Trading Day
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
The fintech is getting more attractive for investors, with some of the most successful people on Wall Street are moving to this promising industry.
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
In November 2020, Affirm announced that revenue for the fiscal year that ended September 30 had seen a substantial rise year over year.
Affirm’s IPO will take place as soon as the SEC completes its review process, subject to market and other conditions.
The latest TransferWise’s valuation totaled $5 billion, after the secondary share sale that saw investors buy equity from employees and early backers. However, the company has not yet been listed on an exchange.
The fintech is getting more attractive for investors, with some of the most successful people on Wall Street are moving to this promising industry.