Affirm Finds $45M For Online Lending

San Francisco-based Affirm, which is developing online lending and loan products and is headed by PayPal co-founder Max Levchin, has now raised $45M in funding, the company disclosed this week. The funding came from Khosla Ventures, Lightspeed Venture Partners and Nyca Partners. Affirm offers an online lending product which is an alternative to credit cards, and is sold via e-commerce merchants at checkout. More information »