Affirm (AFRM) to Acquire Returnly
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Affirm to Acquire Returnly
April 21, 2021 9:00 AM EDTTransaction Adds Online Return Solutions to Affirms Product Portfolio
SAN FRANCISCO--(BUSINESS WIRE)-- Affirm Holdings, Inc. (NASDAQ: AFRM) today announced that it has entered into a definitive agreement to acquire Returnly, a leader in online return experiences and post-purchase payments. Under the terms of the agreement, Affirm will acquire Returnly for total cash and equity consideration of approximately $300 million.
Returnly serves more than 1,800 merchants, has helped process more than $1 billion in returns, and has been used by over eight million shoppers. With Returnly, eligible consumers... More
