Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million
Affirm, a more flexible and transparent alternative to credit cards, today announced it has entered into a definitive agreement to acquire PayBright, one of Canada’s leading buy-now-pay-later providers. Under the terms of the agreement, Affirm will acquire PayBright for a total cash and equity consideration of approximately CAD $340 million. Additional terms of the transaction were not disclosed.
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