Tagged: affirm

May 31, 2023 @ 10:19 pm By JD Alois  |  

Affirm (NASDAQ: AFRM) and Worldpay from FIS  (NYSE: FIS) have announced a partnership that will make Affirm’s Adaptive Checkout available to Worldpay merchants in a multi-year agreement. Becca Stone, VP of Strategic Partnerships at Affirm, said the partnership would help Worldpay’s merchants drive growth and… Read More

April 13, 2023 @ 4:35 pm By JD Alois  |  

Affirm (NASDAQ: AFRM) is expanding its offerings north by moving into Canada. Affirm is a top buy now pay later (BNPL) platform founded by Max Levchin, who also co-founded PayPal. The expansion into Canada is being enabled by another big Fintech – Stripe, which now… Read More

March 28, 2023 @ 4:11 pm By JD Alois  |  

Shares in Affirm (NASDAQ:AFRM) to a bit of a bruising today on the news that Apple had finally released its buy now pay later service (BNPL) into the wild for selected borrowers. At the close of the market, Affirm had lost over 7% but had… Read More

February 9, 2023 @ 11:46 am By Omar Faridi  |  

Max Levchin, Founder and CEO at Affirm (NASDAQ: AFRM), has shared an update with their employees and that he also wants to share the message publicly. In a move to reduce costs in a flagging market, Affirm will be slashing its workforce. Affirm reported earnings… Read More

September 27, 2022 @ 4:27 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced the expansion of its relationship with Amazon to Canada, bringing “increased payment flexibility and transparency to customers shopping on Amazon.ca.” This payment option will be “available during checkout to all… Read More

September 16, 2022 @ 4:15 pm By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has published a report on the buy now – pay later (BNPL) industry, criticizing the sector of Fintech as having “uneven disclosure and protections” for borrowers. The CFPB noted that BNPL rocketed higher by almost 10X the amount in… Read More

August 25, 2022 @ 9:43 pm By JD Alois  |  

Buy now – pay later (BNPL) provider Affirm (NASDAQ: AFRM) posted fiscal Q4 earnings today, ending June 30th, topping analyst expectations but falling short in guidance. Shares were up during regular hours on a strong day for the market but Affirm tanked in after-hours, losing… Read More

August 15, 2022 @ 11:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ: AFRM) CEO Max Levchin recently noted that the next recession could silence Fintech lender’s doubters or critics. With shares of the Buy Now, Pay Later (BNPL) Fintech down over 75% from November 2021, Max Levchin said the company’s innovative lending models… Read More

August 5, 2022 @ 11:10 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, recently announced its ability “to increase its app releases by 300%, thanks to its ongoing work with mobile devops company Bitrise.” Since 2019, Affirm has been “working with Bitrise to automate… Read More

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