Affirm’s commercial value increased from $ 12,000 million to $ 23,600 million on the day of its public offering.
Max Levchin, co-founder and executive director of Affirm Financial Technology, converts this multimillionaire marketplace, in which case the company duplicates its market value on the day of its public offering, Forbes reports. Founded in 2012, the company offers to its customers to pay for its purchases online.
When Affirm, based in San Francisco (California, EE.UU.), sells on the NASDAQ stock, each shares a price of $ 49, at which commercial value is estimated at $ 12,000 million. On the other hand, its shares created a 98%, raising the market value of the company to 23,600 million dollars.
Levchin, who is also a PayPal co-founder, owns 11% of the shares, which now have 2,700 million dollars.
Lejos de terminar alli la historia, Affirm ha mantenido su crecimiento en la bolsa tras la public offer: the price of its action increased to 114.94 dollars for the price of these jewels.
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