Affirm is geared toward younger people who want a separate financing option for major transactions, like a computer or smartphone. The loans have fixed annual percentage rates that often range from 10 percent to 30 percent, depending in part on the borrower’s creditworthiness. After last year’s investment led by Thiel’s Founders Fund, Affirm said it would focus on signing up larger stores, particularly those with annual sales above $1 billion. Late this summer, the Wall Street Journal reported that Affirm was in talks to start a pilot program with Wal-Mart Stores Inc.

https://www.bloomberg.com/news/articles/2017-12-04/affirm-is-said-to-be-raising-funding-at-1-5-billion-valuation