Blue State Blues: Delaware Losing $14 Billion Affirm Holdings
23rd April 2025
Another major e-commerce player is departing from Delaware as corporations pack up and find a new domicile for their businesses.
Affirm Holdings Inc., a publicly held American technology firm with a market cap of about $14 billion, is preparing a move to either Nevada or Texas, reports GuruFocus.
Affirm, founded in 2012 by PayPal co-founder Max Levchin, handles financial services for merchants and shoppers. The company is headquartered in San Francisco but seeking shareholder approval to move its corporate domicile from Delaware.