Affirm is reimagining financial services, from credit cards to deposit banking. We’re starting with an amazingly simple, new way of getting credit, right at the online point of sale. With just a few top-of-mind pieces of information, a shopper can “split this purchase into 6 monthly payments.” This boosts checkout conversion, basket sizes, and customer satisfaction.
Faction Ventures, LLC (“Faction”) and Lightspeed Management Company, L.L.C. (“Lightspeed”) are separate businesses that operate independently of each other. Faction is a registered investment adviser under the United States Investment Advisers Act of 1940, as amended. Faction advises its own fund(s) and does not advise any Lightspeed clients, and Lightspeed does not advise Faction or any of its clients. Lightspeed and Faction are parties to an agreement pursuant to which Lightspeed holds certain interests in Faction and the fund(s) Faction manages.
