Affirm Public S-1 Filing

Re:Affirm Public S-1 Filing by xoxoy on Wednesday November 18, 2020 @06:11PM (#25143904)

doubling revenue while keeping losses stable is pretty good, especially when we’re talking about consumer credit

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Re:Affirm Public S-1 Filing by JumpCrisscross on Wednesday November 18, 2020 @06:30PM (#25144105)

Does Affirm carry the credit risk on its books?

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Re:Affirm Public S-1 Filing by xoxoy on Wednesday November 18, 2020 @06:34PM (#25144147)

Haven’t read the prospectus but I know they sell loans to investors and they are fairly highly rated from a credit perspective. I’m sure they have some debt on their books too though.

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Re:Affirm Public S-1 Filing by wholien on Wednesday November 18, 2020 @06:46PM (#25144265)

some debt, but that is mostly for experimentation purposes. Most everything goes into different debt facilities or are securitized and sold

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Re:Affirm Public S-1 Filing by formercoder on Wednesday November 18, 2020 @10:32PM (#25145916)

No one would buy the debt if they didn’t hold on to any.

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Re:Affirm Public S-1 Filing by xoxoy on Wednesday November 18, 2020 @07:00PM (#25144403)

sounds about right.

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