Affirm Holdings, Inc. Stock Price, News & Analysis

Affirm (NASDAQ: AFRM) has partnered with Shopmonkey, a cloud-based auto shop management platform, to provide flexible payment solutions for auto repair services. Through this integration, thousands of U.S. and Canadian auto shops can now offer Affirm's pay-over-time plans to their customers.

The partnership enables eligible customers to split their auto repair bills into biweekly or monthly payments with APR as low as 0%, without any late or hidden fees. This initiative addresses the significant annual car maintenance costs, which average nearly $800 per year per car owner, while helping auto shops improve customer satisfaction and drive business growth.

Affirm (NASDAQ: AFRM) and Moore Capital Management have extended their long-term capital partnership through May 2027. As Affirm's first loan buyer, Moore has invested nearly $5 billion in Affirm's assets since 2017 through multiple funding channels. The partnership extension validates Affirm's strategy of building foundational relationships to provide responsible credit access.

Affirm has demonstrated strong performance with $33 billion in GMV for the last twelve months ending March 31, 2025. The company's total funding capacity reached $23.3 billion, marking nine consecutive quarters of growth. As a scaled issuer, Affirm has completed 24 asset-backed securitizations totaling $12.25 billion with over 150 unique capital partners.

Affirm (AFRM) and PGIM Fixed Income announced an expanded capital partnership through a new revolving pass-through loan sale facility worth up to $3 billion over 36 months. The facility will purchase up to $500 million of Affirm loans at any given time. This follows PGIM's previous $500 million loan purchase in December 2024. PGIM, managing $862 billion in assets, operates a leading asset-based finance platform with $145 billion in securitized credit assets. Affirm's total funding capacity reached $23.3 billion as of March 2025, marking nine consecutive quarters of growth. The company generated over $33 billion in GMV for the twelve months ending March 2025 and has issued 23 asset-backed securitizations totaling $11.5 billion with over 150 unique capital partners.

DICK'S Sporting Goods and Affirm have extended their partnership that began in 2020, enhancing the checkout experience on DICKS.com and GolfGalaxy.com. Eligible shoppers can now directly select Affirm's flexible payment plans at checkout, offering biweekly or monthly payments for up to 36 months with APR as low as 0%. The integration allows customers to split purchases of sports equipment, apparel, footwear, and outdoor essentials with no late or hidden fees after a quick eligibility check. This partnership expansion comes just in time for the summer shopping season, providing DICK'S customers with more payment flexibility and convenience. Affirm currently partners with nearly 360,000 retail partners.

Affirm (AFRM) has expanded its partnership with Williams-Sonoma, Inc. (WSM) into Canada, building upon their successful U.S. collaboration. The expansion allows Canadian consumers to use Affirm's pay-over-time options across Williams-Sonoma's family of brands, including Williams Sonoma, West Elm, Pottery Barn, Pottery Barn Teen, Pottery Barn Kids, and Mark & Graham.

Approved Canadian shoppers can now split their purchases into monthly payments through a simple process involving a quick eligibility check at checkout. Affirm emphasizes that customers will never face late or hidden fees. The company joins other major retailers in Canada offering Affirm's payment solutions, including Amazon, Apple, Samsung, and Brown's Shoes.

KAYAK and Affirm (AFRM) have expanded their exclusive partnership into Canada, building on their successful U.S. collaboration that began in January 2023. Through this expansion, eligible Canadian travelers can now split the cost of flights, accommodations, and car rentals into monthly payments on ca.KAYAK.com using Affirm's payment solutions. With average international flight prices at $1,270, this partnership offers travelers flexible payment options without late or hidden fees. The expansion strengthens Affirm's global presence, which now includes over 350,000 merchants, including partnerships with Booking Holdings brands and major Canadian retailers like Amazon, Apple, and Samsung.

A new survey commissioned by Affirm reveals a significant shift in consumer payment preferences, with 45% of U.S. consumers favoring pay-over-time options over traditional credit cards. The study found that 79% of users chose payment plans of six months or more, even when they could afford upfront payments. Amid economic uncertainty acknowledged by 86% of consumers, 77% report that current conditions have influenced their money management. Key findings show that 41% of consumers prioritize fixed, predictable payments, while 52% avoid certain payment methods due to concerns about hidden fees. The survey also revealed that 91% of consumers value transparency in financial terms, and 64% consider interest-free offers as valuable as or more valuable than traditional discounts.

Cali Pass, California's premier multi-resort ski pass provider, has announced a new partnership with Affirm (NASDAQ: AFRM) to offer flexible payment options for the 2025-2026 season. Through this collaboration, customers can now split their purchases of season passes and lift tickets into interest-free biweekly payments or longer-term monthly payments. The service is available both online and in-store via QR code, subject to eligibility checks. The partnership gives skiers and riders access to 20 unique winter destinations with transparent payment plans featuring no late or hidden fees. Affirm, which partners with over 358,000 retail partners including major brands like Amazon, American Airlines, and Priceline, aims to make ski season planning more accessible and budget-friendly for customers.

Affirm (AFRM) and Costco (COST) have announced a multi-year partnership that introduces Affirm's buy-now-pay-later service on Costco.com for U.S. customers. The partnership enables Costco members to split payments for purchases between $500 to $17,500 into monthly installments, with transparent pricing and APR discounts. This new payment option comes after Costco reported approximately $250 billion in consumer spending across its warehouses and online platforms in fiscal year 2024. The service features no late or hidden fees, requires a quick eligibility check, and is particularly aimed at larger purchases such as outdoor furniture, appliances, and seasonal items.