Tagged: affirm

June 7, 2022 @ 11:31 am By JD Alois  |  

Yesterday, during Apple’s (NASDAQ:AAPL) annual WWDC keynote, Apple announced an entry into the buy now – pay later (BNPL) sector of Fintech. Under Apple Pay Later, iPhone users may choose to pay over time without any additional fees or interest charges. Apple already allows purchases… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

May 15, 2022 @ 8:46 am By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, recently reported financial results “for its fiscal 2022 third quarter ended March 31, 2022.” Max Levchin, Founder and CEO of Affirm, stated: “We continue to deliver strong growth with… Read More

May 5, 2022 @ 8:42 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and “helps merchants drive growth,” and Fiserv, an international provider of payments and financial services tech solutions, announced a relationship that will “make Affirm available to Fiserv enterprise merchant clients later this year.” With this partnership,… Read More

April 13, 2022 @ 10:11 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Poshmark, a social marketplace for new and secondhand style, announced a 2-year extension and expansion of their partnership “to deliver increased payment flexibility to shoppers.” Poshmark was one of the… Read More

March 15, 2022 @ 10:42 pm By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and “helps merchants drive growth,” provided an update (on March 14, 2022) on its business performance, “including its current funding capacity and availability, and raised the Company’s third quarter and full-year fiscal 2022 financial… Read More

February 22, 2022 @ 1:30 pm By Omar Faridi  |  

Despite the surge in US digital commerce sales, online consumers remain “unpredictable” when it comes to checking out online: The average online shopping cart abandonment rate is 70%, according to an update from Affirm (NASDAQ:AFRM). Anything you can do to lower that rate for your… Read More

February 13, 2022 @ 5:24 pm By Omar Faridi  |  

Fintech Affirm‘s (NASDAQ:AFRM) stock had fallen over 20% to a $58.68 share price on Thursday (February 10, 2022) following the firm’s disclosure of its Q2 results (which came ahead of schedule). Affirm closed the week at $46.55 after starting the year at over $95 so… Read More

February 7, 2022 @ 8:40 am By Omar Faridi  |  

If you’re like many other digital commerce merchants, the best part of the shopping experience takes place when a client clicks that “buy” button and becomes a (hopefully) loyal customer. One way to boost these website conversions for your business is to give clients the… Read More

January 26, 2022 @ 9:57 am By JD Alois  |  

Affirm (NASDAQ:AFRM) has announced new options for customers to access its buy now, pay later (BNPL) services. According to a release, Affirm has launched a new “super app” as well as a browser extension. Affirm said the new app bundles both its payments and savings… Read More

January 7, 2022 @ 9:13 am By JD Alois  |  

Piper Sandler, a financial services firm based in Minneapolis, has surveyed teens for more than 20 years. The company researches trends regarding brand purchases and activities that may aid in discerning the rising or declining popularity of the firms that provide these products. CI recently… Read More

January 6, 2022 @ 10:03 pm By Omar Faridi  |  

Providing a Buy Now, Pay Later (BNPL) option to your clients may help with boosting conversion 20-30% and average cart sizes 30-50%, according to an RBC Capital report. As mentioned in a blog post by Affirm (NASDAQ: AFRM), these benefits could make a significant difference… Read More

December 9, 2021 @ 2:35 pm By Tony Zerucha  |  

Resolve, a provider of net terms-as-a-service and buy now, pay later (BNPL) solutions, announced today it has raised an additional $25 million in strategic equity funding to meet rising demand from B2B companies seeking to simplify their net terms payments and embed B2B BNPL solutions into… Read More

November 29, 2021 @ 10:32 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) notes that with supply chain blockages leading to new challenges every day, you might be facing difficult decisions regarding increasing prices while preserving margins. Although significantly higher prices might discourage customers just as the holiday shopping season arrives, you could soften the overall… Read More

November 28, 2021 @ 11:53 pm By Omar Faridi  |  

Sweden’s Fintech Unicorn Klarna has seen its losses increase significantly during the first 9 months of this year, as costs surged considerably amid growing demand for flexible payment options like Buy Now, Pay Later (BNPL) services. The Stockholm-headquartered company is reporting a pre-tax loss of… Read More

November 15, 2021 @ 7:46 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM) notes that Buy Now, Pay Later (BNPL) is more than just a “modern twist” on layaway. Affirm writes in a blog post that consumers love the flexible payment method as a way to “avoid credit cards and manage their cash flow.” The… Read More

November 2, 2021 @ 2:16 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and services, has teamed up with Affirm, the payment network that “empowers consumers and helps merchants drive growth.” As mentioned in a release, U.S. merchants using ACI Secure eCommerce are now able to… Read More

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