Pay Over Time At Your Favorite Stores
USA – Millennials often splurge on big ticket experiences such as travel, live events, and meals, and are strapped for cash afterward. Affirm is a layaway program that helps alleviate this problem by letting shoppers purchase items in small increments. The San Francisco-based startup, launched by PayPal co-founder Max Levchin, is available at a variety of retailers, including Warby Parker, Flywheel, and ThreadUp. Consumers simply apply online or via app and instantly learn if they’re approved, then when shopping at participating retailers they can click a button at checkout. Affirm charges retailers a fee or consumers interest.