Affirm has just authorized $460 million which will push the valuation north of $4 billion if all Series G shares are issued. The consumer finance company is previously backed by Ribbit Capital, Lightspeed Ventures, Spark Capital, Founders Fund, Fidelity Management and Research, and Baillie Gifford to name a few. The most recent round, Series G, follows $300 million raised for Series F, valuing the company at $2.43 billion. The terms surrounding the Series G include a pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $19.9263, an up round from Series F at $13.1831.
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Bloomberg Ticker: PUNICORN
Reuters Ticker: .PUNICORN