A native of Ukraine, Levchin became a billionaire – Rambler / finance



Ukrainian-American Max Levchin has become a new billionaire thanks to a sharp rise in the shares of Fintech startup Affirm, Forbes reports.

Forbes USA estimated Levchin’s fortune at $ 2.7 billion after the company’s IPO.

Affirm shares on the first day of trading on the Nasdaq on January 13 rose in price by almost 98.5% – to $ 97.24 per share. At the highs, quotes rose to $ 102.99 at a placement price of $ 49. The IPO volume was $ 1.2 billion.

Investors have estimated the value of fintech at $ 12 billion. At the end of the first trading day, the company’s capitalization amounted to $ 23.6 billion.

Affirm offers an installment plan for online purchases and partners with popular sellers such as Adidas, Walmart and Dyson. The service has been operating since 2012. The income of the company consists of payments from sellers and interest on transactions.

Max Levchin owns 11% of Affirm. The businessman is also one of the co-founders of the PayPal payment service.

Previously, Rambler wrote that Russian billionaire Alexei Mordashov sent his son into the army after he was expelled from the university.

Video of the day. Russians will be able to receive a pension in any EAEU country

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Ukrainian-American Max Levchin has become a new billionaire thanks to a sharp rise in the shares of Fintech startup Affirm, Forbes reports.

Forbes USA estimated Levchin’s fortune at $ 2.7 billion after the company’s IPO.

Affirm shares on the first day of trading on the Nasdaq on January 13 rose in price by almost 98.5% – to $ 97.24 per share. At the highs, quotes rose to $ 102.99 at a placement price of $ 49. The IPO volume was $ 1.2 billion.

Investors have estimated the value of fintech at $ 12 billion. At the end of the first trading day, the company’s capitalization amounted to $ 23.6 billion.

Affirm offers an installment plan for online purchases and partners with popular sellers such as Adidas, Walmart and Dyson. The service has been operating since 2012. The income of the company consists of payments from sellers and interest on transactions.

Max Levchin owns 11% of Affirm. The businessman is also one of the co-founders of the PayPal payment service.

Previously, Rambler wrote that Russian billionaire Alexei Mordashov sent his son into the army after he was expelled from the university.

Video of the day. Russians will be able to receive a pension in any EAEU country

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Ukrainian-American Max Levchin has become a new billionaire thanks to a sharp rise in the shares of Fintech startup Affirm, Forbes reports.

Forbes USA estimated Levchin’s fortune at $ 2.7 billion after the company’s IPO.

Affirm shares on the first day of trading on the Nasdaq on January 13 rose in price by almost 98.5% – to $ 97.24 per share. At the highs, quotes rose to $ 102.99 at a placement price of $ 49. The IPO volume was $ 1.2 billion.

Investors have estimated the value of fintech at $ 12 billion. At the end of the first trading day, the company’s capitalization amounted to $ 23.6 billion.

Affirm offers an installment plan for online purchases and partners with popular sellers such as Adidas, Walmart and Dyson. The service has been operating since 2012. The income of the company consists of payments from sellers and interest on transactions.

Max Levchin owns 11% of Affirm. The businessman is also one of the co-founders of the PayPal payment service.

Previously, Rambler wrote that Russian billionaire Alexei Mordashov sent his son into the army after he was expelled from the university.

Video of the day. Russians will be able to receive a pension in any EAEU country




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