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October 13, 2016

Levchin’s Affirm secures $100M credit line from Morgan Stanley

Affirm founder Max Levchin This morning, fintech startup Affirm announced a new $100 million credit line from Morgan Stanley. The money will go directly to supporting the company’s current financial products that help customers purchase goods and spread their expenses over a period of time. Morgan Stanley is not the first institutional lender to issue a line of credit to the company. In May of 2015, Affirm closed… Read More

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