Tagged: affirm

October 28, 2021 @ 8:24 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers, has announced that through its partnership with American Airlines, eligible travelers have “added flexibility to purchase flights and pay over time with Affirm.” As mentioned in a release shared with CI, Affirm aims to offer this… Read More

October 19, 2021 @ 12:00 pm By JD Alois  |  

Buy now, pay later (BNPL) is a red hot sector of Fintech. Combine this with banking as a service (BaaS) and you see two dominant trends in the transition from legacy banks to Fintech everywhere with embedded services and on-demand finance. Research and Markets predicts… Read More

September 30, 2021 @ 10:55 am By JD Alois  |  

Affirm (NASDAQ:AFRM), one of the leading buy now, pay later (BNPL) platforms is adding crypto to its services. As part of its “super app” mission, Affirm will allow its users to buy and sell crypto. Users that hold a savings account will be able to… Read More

September 9, 2021 @ 4:27 pm By JD Alois  |  

Buy now, pay later, platform Affirm (NASDAQ:AFRM) has topped its fourth-quarter earnings. Shares marched higher in after hours trading. During Q4, top-line revenue came in at $261.8 million, a 71% increase versus same quarter year prior. Total revenue for the fiscal year was $870.5 million,… Read More

August 29, 2021 @ 11:08 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More

August 11, 2021 @ 2:54 pm By JD Alois  |  

Paybright, part of Affirm  (NASDAQ:AFRM), is now live and in the wild on the Apple Store for Canadian purchasers. As was previously reported, Apple (NASDAQ:AAPL) is incorporating Paybright, a Canadian BNPL (buy now, pay later), to facilitate purchases. As there is no interest fee you… Read More

August 4, 2021 @ 4:58 pm By JD Alois  |  

Affirm (NASDAQ:AFRM) has announced the securitization of $500 million worth of BNPL loans. The transaction is Affirm’s third securitization of 2021, the sixth since it launched its program in July 2020. According to a release, the offering included five classes of fixed-rate notes: Class A,… Read More

August 4, 2021 @ 4:39 pm By JD Alois  |  

Buy Now, Pay Later (BNPL) is currently one of the hottest sectors of Fintech. BNPL is a service that can be provided at the point of sale for a transaction and thus supplant traditional credit cards in regards to larger transactions. As credit cards tend… Read More

July 13, 2021 @ 7:14 pm By Omar Faridi  |  

“Have it your way” was the slogan that fast food joint Burger King adopted back in 1974 as a way to try to stand out or differentiate themselves from competitors while capitalizing on the “appeal of personalization,” the Affirm team writes in a blog post…. Read More

June 10, 2021 @ 5:18 pm By JD Alois  |  

Affirm (NASDAQ:AFRM) has expanded its relationship with Shopify by making “Shop Pay Installments eligible to all US merchants and powered by Affirm’s credit platform. In a blog post, Affirm founder and CEO Max Levchin said they were thrilled to support these unique merchants: “One in… Read More

June 2, 2021 @ 2:07 am By Omar Faridi  |  

Many shoppers prefer using Buy Now, Pay Later (BNPL) services because of the flexibility they offer. Consumers are able to pay for items over an extended period of time, with or without having to pay interest. However, a common BNPL format has started gaining a… Read More

May 11, 2021 @ 3:35 pm By Samantha Hurst  |  

  U.S.-based buy now pay later fintech Affirm announced on Tuesday the financial results of its fiscal 2021 third quarter, which ended on March 31, 2021.  According to Max Levchin, Founder and CEO of Affirm, the company’s third-quarter results reflect on the continuous progress towards… Read More

April 22, 2021 @ 3:33 pm By Samantha Hurst  |  

    U.S. fintech Affirm announced on Wednesday it has acquired Returnly, online return experiences, and post-purchase payments platform, for approximately $300 million. According to Affirm, Returnly serves more than 1,800 merchants, has helped process more than $1 billion in returns, and has been used by over… Read More

April 21, 2021 @ 4:10 pm By Samantha Hurst  |  

  Snap Finance announced on Wednesday it has joined forces with Affirm to offer additional pay-over-time financing options to Affirm customers.  Snap and Affirm further revealed that help retailers offer a pay-over-time option that takes into consideration more than a consumer’s credit score when making… Read More

April 18, 2021 @ 5:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ:AFRM) notes that last year’s holiday shopping season set many digital commerce records, including in its “volume of purchases” made through Buy Now, Pay Later (BNPL) services. Affirm cites Salesforce data which reveals that BNPL transactions surged 109% when compared to the… Read More

April 5, 2021 @ 8:30 pm By Omar Faridi  |  

BNPL Affirm (NASDAQ:AFRM) notes that US consumers happen to agree that the best or ideal surprise in life is “randomly finding money in your pocket or on the street closely followed by getting a tax refund, no matter the amount.” As mentioned in a recent… Read More

April 1, 2021 @ 7:20 pm By JD Alois  |  

Popular vacation rental platform Vrbo and BNPL Affirm (NASDAQ:AFRM) have announced a collaboration so that travelers can book now and pay later for vacation homes. By incorporating Affirm, travelers may save money by not having to utilize expensive credit cards. To promote the new service… Read More

March 28, 2021 @ 4:15 pm By Omar Faridi  |  

Buy Now, Pay Later or BNPL Fintech Affirm (NASDAQ:AFRM), which is now a “remote-first” company with most of its roles being carried out anywhere in the U.S. and Canada (with the exception of Quebec), has teamed up with Clearbanc in order to help clients power… Read More

March 20, 2021 @ 10:44 am By Omar Faridi  |  

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, recently looked into why its services may be essential to your customer acquisition strategy. Tom Musbach from Affirm notes that new customers are the “growth engine” of almost every… Read More

March 7, 2021 @ 7:33 pm By JD Alois  |  

Digital transformation in financial services continues to occur at a break-neck pace. Initially, it was online capital formation, debt and equity, that encouraged entrepreneurs to challenge establishment finance. Today, Fintech is taking over all aspects of financial services. As incumbents struggle to keep pace and… Read More