Affirm Acquires PayBright for CAD $340 Million
December 3, 2020
Affirm entered into a definitive agreement to acquire PayBright, one of Canada’s leading buy-now-pay-later providers, for approximately CAD $340 million. The acquisition expands Affirm’s presence in Canada by combining PayBright’s merchant relationships and local market expertise with Affirm’s U.S. pay-over-time platform.
- Buyers
- Affirm
- Targets
- PayBright
- Industry
- Payments & Fintech
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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