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Affirm Raises $500 Million With Reported IPO Hanging in the Balance

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

The money just keeps flowing for the upstart installment payments industry. Affirm has raised $500 million in a Series G investment round, bringing the “buy now, pay later” platform to an overall $1.3 billion in total funding raised to date. Singapore-based wealth fund GIC, a returning investor, and investment advisor Durable Capital Partners LP led…

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