Lender Affirm Is Said to Be Planning to Price IPO Above Range

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Affirm Holdings Inc. website home
Affirm Holdings Inc. website home screen on a smartphone arranged in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Affirm Holdings Inc., which lets online shoppers pay for purchases such as Peloton bikes in installments, plans to go public this month. Photographer: Gabby Jones/Bloomberg

(Bloomberg) -- Affirm Holdings Inc., which provides installment loans to online shoppers, is planning to price its U.S. initial public offering above its marketed range of $41 to $44 a share, according to people with knowledge of the matter.

A representative for San Francisco-based Affirm declined to comment.

Affirm is the first major technology listing in 2021 and could raise more than $1.1 billion in its listing Tuesday.