Transaction · Lending · 2020

Affirm / PayBright 2021

Affirm acquired PayBright for $264M on December 3, 2020.

Target
PayBright
Acquirer
Affirm
Deal value
$264M
Deal type
Stock
Announced
December 3, 2020
Sub-sector
Lending

Affirm enters Canada by acquiring Toronto-based BNPL platform with merchant network across Hudson's Bay, Wayfair Canada, and Endy.

Deal value
$264M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 3, 2020
Close date
January 1, 2021
Acquirer
Affirm (Strategic)
Target HQ
Canada
Deal type
Stock
Sub-sector
Lending

Source: investors.affirm.com