Tagged: affirm

Affirm Shares Jump Following Solid Beat for Fiscal Q2 2025

Affirm (NASDAQ:AFRM) shares are moving higher following Q2 earnings results which ended on December 31, 2024. Yesterday, the Fintech reported revenue of $866 million, an increase of 47% versus the same quarter year prior and net income of $80 million a $247 million improvement. The… Read More

BNPL Fintech Affirm Shares Insights on Buy Now Pay Later Users

Katherine Adkins, Chief Legal Officer at BNPL Fintech firm Affirm (NASDAQ: AFRM) noted that consumer spending is like the engine that drives the American economy, accounting for about 70% of US GDP by most estimates. Katherine Adkins of Affirm also mentioned that if spending is… Read More

Affirm Holdings and Liberty Mutual Investments Announce Upsize of Forward Flow Loan Purchase Program

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Liberty Mutual Investments (LMI), the investment firm of the Liberty Mutual Group of Insurance Companies (LMIG), announced the upsize of their forward flow loan purchase program. Over the… Read More

BNPL Fintech Affirm Selected By WooCommerce as Pay Over Time Provider

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. Read More

BNPL Fintech Affirm and Adyen to Provide Flexible Payments Options to More Merchants

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that it has expanded its partnership with Adyen, the global financial technology platform for businesses. The partnership makes Affirm the Buy Now, Pay Later (BNPL) provider to support… Read More

BNPL Provider Affirm Holdings Announces Proposed Private Offering of $750M of Convertible Senior Notes

BNPL provider Affirm Holdings, Inc. (Nasdaq: AFRM) announced its intention to offer, subject to market conditions and other factors, $750 million aggregate principal amount of Convertible Senior Notes due 2029 (the “Notes”) in a private offering. In connection with the Offering, Affirm said that it… Read More

Affirm Gains $4 Billion Funding Commitment from Sixth Street

BNPL provider Affirm (NASDAQ: AFRM) has inked a deal with Sixth Street where the investment firm will commit $4 billion to loans originated by Affirm. This “long-term capital partnership” is expected to ramp up over three years. Affirm says this is the largest capital commitment… Read More

US Consumers Expected to Spend Nearly $1T This Holiday Season, Assisted by Flexible Payments – Affirm Research

Wayne Pommen, Affirm’s (NASDAQ: AFRM) Chief Revenue Officer, noted that the holiday shopping season is here and for retailers, it’s “make-or-break time.” Pommen also mentioned in a blog post by Affirm that despite recent inflation and economic uncertainty, retail spending is expected to “stay strong.”… Read More

BNPL Fintech Affirm Teams Up with JD Sports to Offer Flexible Payments Options

JD Sports, the retailer of sports, fashion, and outdoor brands, has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to offer a flexible way to pay. This partnership brings Affirm’s pay-over-time options to shoppers purchasing brands such… Read More

BNPL Fintech Affirm Shares Research Revealing Canadian Consumers Are Spending Smarter, Not Less

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, released new research revealing that despite economic uncertainty, Canadians are approaching their holiday shopping with “strategy, not restraint.” Affirm noted in a blog post the majority (71%) plan to spend the… Read More

BNPL Fintech Affirm Selected By Priceline as Pay-Over-Time Provider

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Priceline, a key player focused on online travel, today announced an expanded partnership. Via their collaboration, Affirm is the pay-over-time provider for Priceline’s B2B business, Priceline Partner Solutions. Priceline Partner… Read More

BNPL: Visa Flexible Credential to Enable Buy Now Pay Later from Affirm App

Visa (V: NYSE) flexible credential is going global by transforming the traditional payment card for a digital future. First in the United States, Visa Flexible Credential will reportedly roll out with the Affirm Card, a debit card that allows eligible consumers to buy now and… Read More

BNPL: Affirm Launches in UK

Affirm has launched its pay-over-time options in the United Kingdom. While nearly one-quarter of buy now, pay later users in the UK were charged late fees in 2023, Affirm does not have any late fees or hidden charges. Affirm underwrites every individual transaction before making… Read More

BNPL Fintech Affirm Announces Key Product Updates

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, unveiled updates to the Affirm app. The “redesigned’ experience shows consumers their real-time purchasing power with Affirm, offers an upgraded search function, and provides access to personalized “payment terms and interest-free… Read More

BNPL Fintech Affirm Predicts Increased Consumer Spending During Upcoming Holiday Season

Consumers are not holding back on holiday spending this year – but they are taking a “more deliberate approach” to the purchases they make, according to  research from Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. The research study,… Read More

Apple Celebrates 10 Years of Apple Pay, Partners with Klarna, Highlights Lending Feature with Monzo, Affirm

Apple (NASDAQ:AAPL) has issued a statement in recognition of ten years of Apple Pay. In many respects Apple is one of the largest Fintechs in the world due to its global reach and ubiquitous nature of its products – most importantly the iPhone. Apple  reported… Read More

BNPL Fintech Affirm Services Available to Eligible Users Checking Out Online and In-App with Apple Pay on iPhone, iPad

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that Affirm is now available to eligible users checking out online and in-app with Apple Pay on iPhone and iPad. Starting today, Apple Pay users in the U.S. can request… Read More

BNPL Fintech Affirm Research Reveals Impact of 0% APR Financing Prior to Holiday Spending

Affirm (NASDAQ: AFRM), the payments network that empowers consumers and helps merchants drive growth, released new research revealing consumer shopping behaviors and sentiments ahead of the 2024 holiday season, including the growing preference towards 0% APR financing options and Americans’ confidence levels around budgeting. Affirm’s… Read More

BNPL Fintech Affirm Assists Hotel.com with Offering Consumers a Flexible Way to Book Trips

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Hotels.com. Now, approved guests can book accommodations and pay over time “with Affirm, helping more people book the trip of their dreams.” This builds on Affirm… Read More

Fintech Affirm to Assist Tekmetric with Providing Flexible Payment Options to Auto Repair Centers

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, is announcing an expanded partnership with Tekmetric, an automotive repair shop management solution empowering auto repair businesses nationwide. Now, the thousands of auto repair shops that use Tekmetric’s platform, powered by… Read More

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