Lender Affirm Seeks to Raise Almost $935 Million in IPO (2)

Affirm Holdings Inc., which provides installment loans to online shoppers, is seeking to raise as much as $934.8 million in an initial public offering, signaling last year’s record listings run is carrying over to 2021.

The San Francisco-based company said in a filing Tuesday that it planned to sell 24.6 million shares for $33 to $38 each.

At the top of that price range, Affirm would have a market value of $9.22 billion based on the outstanding shares listed in its filing. Including employee stock options and restricted share units, Affirm would have a valuation of more than $11 ...