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Installment Loan Provider Affirm Joins Year-End IPO Rush

  • Online retail lender files within days of Airbnb, DoorDash
  • Peloton accounted for 30% of Affirm’s third-quarter revenue
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Affirm Holdings Inc., which provides installment loans to online shoppers, filed for an initial public offering, reporting revenue gains and shrinking losses.

The San Francisco-based company in its filing Wednesday listed the size of the offering as $100 million, a placeholder that will likely change.