News Brief

Affirm, the payment solutions startup launched in 2012, said it had hired a government lawyer from the Consumer Financial Protection Bureau — Manuel Alvarez — as its first chief compliance officer and general counsel. The San Francisco-based company said Alvarez would be in charge of its regulatory compliance. Previous to CFPB, he was a top attorney in the consumer law unit of the California Attorney General’s Office. In addition, Affirm said it had added Khosla Venture’s Keith Rabois and Lightspeed Ventures’ Jeremy Liew to its board.