PayPal Holdings Inc co-founder Max Levchin’s Affirm is said to be raising as much as $1.5 billion in a combination of debt and equity, TechCrunch reported on Thursday, citing sources familiar with the matter. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading the financing, with participation from San Francisco-based Spark Capital, the report said. Josh Kushner is the brother of Jared Kushner, who is a senior White House adviser and U.S. President Donald Trump’s son-in-law.

source https://finance.yahoo.com/news/max-levchins-affirm-seeks-capital-192726611.html?.tsrc=rss