Affirm Completes PayBright Acquisition

Affirm, an alternative to credit cards, has completed its previously announced acquisition of PayBright, a Canadian buy-now-pay-later provider. 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. Affirm provides consumers and merchants with financial products and services that are an alternative to traditional credit cards, giving them the flexibility to buy now and pay over time at virtually any store. PayBright provides instalment payment plans for eCommerce and in-store purchases.