Affirm’s Flexible and Transparent Pay-over-Time Options Now Available in the UK
Affirm (NASDAQ: AFRM) has launched its payment services in the UK, expanding beyond its US and Canada operations. The company, which has processed over $75 billion in transactions over the last five years, offers flexible pay-over-time options without late fees or hidden charges. This contrasts with nearly 25% of UK buy now, pay later consumers who faced late fees in 2023.
Affirm is launching in the UK with Alternative Airlines and Fexco, offering both interest-free and interest-bearing monthly payment options. The company currently has over 30 UK employees and plans additional hiring. Globally, Affirm serves 50 million consumers and over 300,000 active merchants.
Affirm (NASDAQ: AFRM) ha lanciato i suoi servizi di pagamento nel Regno Unito, ampliando le sue operazioni oltre gli Stati Uniti e il Canada. L'azienda, che ha elaborato oltre 75 miliardi di dollari in transazioni negli ultimi cinque anni, offre opzioni flessibili di pagamento rateale senza commissioni per ritardi o costi nascosti. Questo contrasta con quasi il 25% dei consumatori britannici che utilizzano il pagamento posticipato, che hanno affrontato commissioni in ritardo nel 2023.
Affirm sta avviando la sua attività nel Regno Unito con Alternative Airlines e Fexco, offrendo sia opzioni di pagamento mensile senza interessi che con interessi. Attualmente, l'azienda ha oltre 30 dipendenti nel Regno Unito e prevede ulteriori assunzioni. A livello globale, Affirm serve 50 milioni di consumatori e oltre 300.000 commercianti attivi.
Affirm (NASDAQ: AFRM) ha lanzado sus servicios de pago en el Reino Unido, expandiéndose más allá de sus operaciones en Estados Unidos y Canadá. La empresa, que ha procesado más de 75 mil millones de dólares en transacciones en los últimos cinco años, ofrece opciones de pago a plazos flexibles sin cargos por demora ni costos ocultos. Esto contrasta con casi el 25% de los consumidores británicos de compra ahora, paga después, que enfrentaron cargos por demora en 2023.
Affirm está iniciando sus operaciones en el Reino Unido con Alternative Airlines y Fexco, ofreciendo opciones de pago mensual tanto sin intereses como con intereses. Actualmente, la compañía cuenta con más de 30 empleados en el Reino Unido y planea contratar más. A nivel global, Affirm atiende a 50 millones de consumidores y más de 300,000 comerciantes activos.
Affirm (NASDAQ: AFRM)이 영국에서 결제 서비스를 론칭하여 미국과 캐나다의 운영을 넘어 확장했습니다. 이 회사는 지난 5년 동안 750억 달러 이상의 거래를 처리했으며, 연체료나 숨겨진 비용 없이 유연한 분할 결제 옵션을 제공합니다. 이는 2023년 영국의 약 25%의 구입 후 지불 소비자가 연체료를 마주쳤다는 사실과 대조적입니다.
Affirm은 Alternative Airlines와 Fexco와 함께 영국에서 런칭하며, 이자 없는 월간 결제 옵션과 이자 부과 결제 옵션을 모두 제공합니다. 현재 회사는 영국에 30명 이상의 직원이 있으며 추가 채용 계획도 있습니다. 전 세계적으로 Affirm은 5천만 소비자와 30만 개 이상의 활성 상인을 지원하고 있습니다.
Affirm (NASDAQ: AFRM) a lancé ses services de paiement au Royaume-Uni, s'étendant au-delà de ses opérations aux États-Unis et au Canada. L'entreprise, qui a traité plus de 75 milliards de dollars en transactions au cours des cinq dernières années, propose des options de paiement flexibles sans frais de retard ni frais cachés. Cela contraste avec près de 25 % des consommateurs britanniques utilisant le paiement différé qui ont subi des frais de retard en 2023.
Affirm se lance au Royaume-Uni avec Alternative Airlines et Fexco, offrant à la fois des options de paiement mensuel sans intérêt et avec intérêt. L'entreprise compte actuellement plus de 30 employés au Royaume-Uni et prévoit d'embaucher davantage. À l'échelle mondiale, Affirm sert 50 millions de consommateurs et plus de 300 000 commerçants actifs.
Affirm (NASDAQ: AFRM) hat seine Zahlungsdienste im Vereinigten Königreich eingeführt und damit seine Aktivitäten über die USA und Kanada hinaus ausgeweitet. Das Unternehmen hat in den letzten fünf Jahren über 75 Milliarden Dollar an Transaktionen verarbeitet und bietet flexible Ratenzahlungsoptionen ohne Versäumnisgebühren oder versteckte Kosten an. Dies steht im Gegensatz zu fast 25 % der britischen Verbraucher, die im Jahr 2023 bei sofortiger Kauf, später Zahlung mit Versäumnisgebühren konfrontiert waren.
Affirm startet im Vereinigten Königreich mit Alternative Airlines und Fexco und bietet sowohl zinsfreie als auch zinsbelastete monatliche Zahlungsoptionen an. Das Unternehmen beschäftigt derzeit über 30 Mitarbeiter im Vereinigten Königreich und plant weitere Einstellungen. Weltweit bedient Affirm 50 Millionen Verbraucher und über 300.000 aktive Händler.
- Expansion into new market (UK) increases growth potential
- Strong existing network of 50 million consumers and 300,000+ active merchants
- Processed over $75 billion in transactions in last five years
- Partnerships with major brands including Amazon, Shopify, and Walmart
- Initial UK partnerships secured with Alternative Airlines and Fexco
- Entering competitive UK market with established BNPL players
- Significant investment required for UK market expansion
- Additional regulatory compliance costs in new market
Insights
The UK expansion marks a significant strategic move for Affirm, opening up a
The UK launch follows successful operations in the US and Canada, where Affirm has processed
This expansion represents a calculated growth strategy with minimal initial capital requirements. The UK market entry leverages existing technology infrastructure while adding a new revenue stream. The focus on travel sector partnerships is strategic, targeting higher-value transactions that typically generate better margins than retail purchases.
The regulatory approval from the Financial Conduct Authority (FCA) provides a competitive advantage as the UK moves toward stricter BNPL regulation. The commitment to transparent pricing and responsible lending aligns with regulatory expectations, potentially reducing compliance risks that could impact profitability.
US market leader, publicly listed on NASDAQ since 2021, launches in the
Affirm is authorised and regulated by the Financial Conduct Authority
Nearly one quarter of
(Photo: Business Wire)
Founded in 2012, Affirm’s mission is to build honest financial products that improve lives. The company offers approved consumers an alternative to credit cards and other pay-over-time options, providing the ability to split the total cost of purchases into budget-friendly payments. While nearly one quarter of buy now, pay later users in the
Affirm’s expansion to the
In the
Affirm is launching in the
Max Levchin, Founder and CEO of Affirm, commented: “Affirm was founded on the premise of putting people first and empowering consumers to take greater control over their finances. Building on our leadership in the US and
Poppy Gustafsson, Minister for Investment, commented: “We are proud to have Affirm establish a presence and open for business in the
Niall Mackenzie, His Majesty’s Trade Commissioner for
With over 2,000 staff worldwide, Affirm currently has more than 30 employees in the
Affirm's
Ruth Spratt,
Brian Cleary, CEO, of Fexco OpenConnect, shared: “We are thrilled to expand our partnership with Affirm to serve our
Sam Argyle, Managing Director of Alternative Airlines, said: “At Alternative Airlines, we believe that everyone should have the freedom to fly—whether it’s for a dream vacation, an important family gathering abroad, or a last-minute break. Affirm’s user-friendly, seamless experience helps to enable just that, while ensuring people access credit responsibly. Consumers demand payment choice, flexibility and transparency at checkout, and Affirm delivers all three. Over the last five years, we’ve seen the value that Affirm delivers to our
About Affirm
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network – one based on trust, transparency and putting people first – we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we show consumers exactly what they will pay up front and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X.
Affirm is a form of credit. Credit subject to credit check. Terms apply.
Affirm
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Media enquiries
Headland Consultancy
Charlie McKnight / Amelia Fairbairn
Tel: +44 (0)20 3805 4822
Email: affirm@headlandconsultancy.com
Source: Affirm
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