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Max Levchin s Affirm surges 85 5% in Nasdaq debut

Shares of Affirm Holdings Inc, founded by PayPal Holdings Inc's co-founder Max Levchin, almost doubled in their Nasdaq debut on Wednesday, valuing the U.S. provider of installment loans to online shoppers at over $23 billion.

Max levchinSohini podderArun koyyurThomson reuters trust principlesAffirm holdings incPaypal holdings incThomson reuters trustCompany newsConsumer lending trbc level 4Consumer lending nec trbc level 5Equity capital changesInternet security amp transactions services trbc level 5Investment management amp fund operators trbc level 4Initial public offeringsNew issuesSecurity listings delistings

Max Levchin s Affirm surges 85% in Nasdaq debut

Shares of Affirm Holdings Inc, founded by PayPal Holdings Inc's co-founder Max Levchin, almost doubled in their Nasdaq debut on Wednesday, valuing the U.S. provider of installment loans to online shoppers at over $23 billion.

Amy caren danielMax levchinSohini podderArun koyyurThomson reuters trust principlesMorgan stanleyResearch companyAllen coPaypal holdings incGoldman sachsPeter thiel founder fundAffirm holdings incPeter thielFounder fundSpark capitalFidelity management

Visa temporarily suspends all political donations

Visa Inc said on Tuesday its political action committee had temporarily suspended all donations last week as it reviews its candidate contribution guidelines.

Donald trumpNoor zainab hussainBernard orrJoe bidenThomson reuters trust principlesVisa incPresident elect joe bidenThomson reuters trustContent produced in bangaloreBanks trbc level 4Company newsFinancials legacyFinancials trbc level 1General newsInternet security amp transactions services trbc level 5Investment banking amp services trbc level 3

Walmart suspends contributions to U S lawmakers who opposed Biden certification

Walmart Inc, the world's biggest retailer and Walt Disney Co joined other major companies in indefinitely suspending donations to U.S. lawmakers who voted against President-elect Joe Biden's election certification.

United statesLeslie adlerDavid shepardsonJessica dinapoliJoe bidenThomson reuters trust principlesPresident elect joe bidenThomson reuters trustAdvocacy groups pressure lobbiesAdvanced medical equipment amp technology trbc level 4Broadcasting nec trbc level 5Banks trbc level 4Banks nec trbc level 5Auto amp truck manufacturers trbc level 4Auto amp truck manufacturers nec trbc level 5Company news

Visa, Plaid call off $5 3 billion deal

Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping the proposed transaction on antitrust grounds.

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