PayPal Co-Founder’s Newest Startup Raises $100 Million to Reinvent Credit Posted by April 13, 2016 Leave a comment on PayPal Co-Founder’s Newest Startup Raises $100 Million to Reinvent Credit Affirm is rethinking the way shoppers — particularly millennials — borrow money by letting them obtain a micro-loan at a point of sale instead of using a credit card.