PaymentsAffirm Acquires PayBright for Combined Payment Solutions Platform

Transaction Expands Affirm’s Presence in Canada Enabling the Company to Serve Even More Merchants and Consumers
BusinessWire BusinessWireJanuary 5, 20212 min

Affirm, a more flexible and transparent alternative to credit cards, today announced it has completed its previously announced acquisition of PayBright, one of Canada’s leading buy-now-pay-later providers.

This combination creates a payment solutions platform with expanded scale and reach, resulting in a larger, more diverse merchant and consumer network across the United States and Canada.

“We welcome the PayBright team to Affirm and look forward to leveraging our highly complementary merchant relationships and cultural values,” said Max Levchin, CEO and founder of Affirm. “Together, we are well-positioned to provide even more consumers with increased control and flexibility in their purchasing decisions and to bring merchants more opportunities to accelerate their businesses.”

“The PayBright team is excited to join forces with Affirm and bring the best of both companies to merchants and consumers,” said Wayne Pommen, the President and CEO of PayBright, who becomes Senior Vice President, Canada as part of the Affirm organization. “With this combination, we can take Buy Now, Pay Later to a much larger scale in Canada across all retail channels.”

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

BusinessWire

BusinessWire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications




FintecBuzz, 2021 © All Rights Reserved