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Affirm Holdings, Inc. - AFRM STOCK NEWS

Welcome to our dedicated page for Affirm Holdings news (Ticker: AFRM), a resource for investors and traders seeking the latest updates and insights on Affirm Holdings stock.

Affirm Holdings, Inc. (NASDAQ: AFRM), founded in 2012, is a leader in the Buy Now, Pay Later (BNPL) sector in the United States. The company offers innovative financial technology services that allow consumers to make purchases both online and in-store with flexible payment plans. Affirm's platform is designed for digital and mobile-first commerce, providing a transparent and user-friendly point-of-sale payment solution. It also offers a consumer-focused app and merchant commerce solutions. Affirm is partnered with nearly 235,000 merchants and serves approximately 14 million customers, primarily generating revenue through merchant networks and virtual card networks.

Affirm stands out by showing customers the total cost of their purchase upfront, without any hidden fees or late charges. This commitment to transparency and trust has helped it expand its services to prominent partners like Walmart, where eligible consumers can pay over time at over 4,500 stores, including Walmart Vision and Auto Centers.

Recently, Affirm has announced a partnership with Evolve, a leading vacation rental hospitality company, allowing travelers to book vacation rentals and pay over time with simple monthly payments. This aligns with Affirm’s mission to offer honest financial products that improve lives by enabling consumers to spend and save responsibly.

Affirm has also expanded its services to Canada through a partnership with FlightHub, allowing Canadian travelers to pay over time for their trips. Further, the company introduced new payment options, Pay in 2 and Pay in 30, to offer greater flexibility to consumers completing smaller transactions under $150.

Affirm's mission is to build a new kind of payment network based on trust, transparency, and putting people first. The company is dedicated to empowering consumers and providing merchants with the tools to drive growth. Affirm's commitment to honesty and customer satisfaction continues to set it apart in the financial technology sector.

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Affirm Holdings (NASDAQ: AFRM) announced that CFO Michael Linford will participate in a shareholder fireside chat on June 14, 2024. The discussion, moderated by Ramsey El-Assal from Barclays, will start at 12:00 PM Eastern Time and will be webcast live on the company's investor relations website. Management will address top questions from retail and institutional shareholders concerning Affirm's strategy, products, business model, and financial results. Shareholders can submit and upvote questions via Say Technologies' Q&A platform from June 4 at 8:00 AM to June 13 at 5:00 PM Eastern Time.

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FlightHub, a leading Canadian online travel agency, has announced a partnership with Affirm (NASDAQ: AFRM) to offer flexible payment options to Canadian consumers. This collaboration allows eligible users to pay for flights over time, making travel more accessible amid rising inflation. Consumers can split the cost of purchases of $200 CAD or more into monthly payments without hidden fees or late charges. This initiative aims to make travel more budget-friendly, especially as demand increases with the arrival of summer. FlightHub's partnership with Affirm has been successful in the U.S. and is now expanding to Canada.

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Affirm Holdings, Inc. (NASDAQ: AFRM) reported its financial results for the third fiscal quarter of 2024, ending on March 31, 2024. The company empowers consumers through its payment network and helps merchants drive growth.

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Affirm Holdings, a payment network enabling consumers and merchants, is set to attend several upcoming investor conferences. Executives from the company will participate in fireside chats at the Barclays Annual Emerging Payments and FinTech Forum, J.P. Morgan Global Technology, Media and Communications Conference, and Bank of America Global Technology Conference. The webcasts will be live on the investor relations website.

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Affirm Holdings, Inc. (NASDAQ: AFRM) will announce its third quarter fiscal year 2024 results on May 8, 2024. The company will release its shareholder letter and financial results on its investor relations website, followed by a conference call with Max Levchin, Founder and CEO, and Michael Linford, CFO.
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Affirm's research reveals that Canadians are confident in their personal finances despite economic concerns. The survey highlights differences in spending priorities among age groups, with vacations being the top purchase choice. High prices are a major challenge for consumers, driving the demand for transparent and flexible payment options.
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Newegg Commerce, Inc. (NEGG) introduces a 10% discount for students, faculty, and staff using Affirm at checkout. The offer can be combined with other deals, applied on orders over $100, and used multiple times with an .edu email address.
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Affirm Holdings, Inc. (NASDAQ: AFRM) announces CFO participation in a shareholder fireside chat to address key questions on strategy, products, and financial results. The event will be moderated by Andrew Bauch from Wells Fargo and will be webcast live on the Company’s investor relations website. Shareholders can submit questions via Say Technologies’ Q&A platform.
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Affirm Holdings, Inc. (NASDAQ: AFRM) reported financial results for its fiscal 2024 second quarter, including a shareholder letter furnished to the U.S. Securities and Exchange Commission. The company will host a conference call and webcast to discuss its financial results, led by Max Levchin, Founder and CEO, and Michael Linford, CFO.
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Affirm Holdings, Inc. (AFRM) announces participation in investor conferences with key executives attending fireside chats in San Francisco and New York. The webcasts will be available on the company's investor relations website.
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FAQ

What is the current stock price of Affirm Holdings (AFRM)?

The current stock price of Affirm Holdings (AFRM) is $66.55 as of November 22, 2024.

What is the market cap of Affirm Holdings (AFRM)?

The market cap of Affirm Holdings (AFRM) is approximately 20.6B.

What is Affirm Holdings, Inc.?

Affirm Holdings, Inc. (NASDAQ: AFRM) is a financial technology company that provides 'Buy Now, Pay Later' services for online and in-store purchases.

How does Affirm’s payment solution work?

Affirm allows consumers to split the cost of their purchases into monthly payments, with clear terms and no hidden fees or late charges.

Who are Affirm's main partners?

Affirm is partnered with nearly 235,000 merchants, including major retailers like Walmart and travel companies like Evolve and FlightHub.

How does Affirm generate revenue?

Affirm generates revenue through merchant networks and virtual card networks, providing transparent and flexible payment solutions to consumers.

What is unique about Affirm’s services?

Affirm provides upfront total cost information with no hidden fees or late charges, offering transparent and trustworthy financial products.

Can Affirm's services be used in Canada?

Yes, Affirm has expanded its services to Canada through a partnership with FlightHub, allowing Canadian travelers to pay over time for their trips.

What new payment options has Affirm introduced?

Affirm introduced 'Pay in 2' and 'Pay in 30' options, allowing consumers to split the cost of their purchase into two interest-free payments or pay in full within 30 days.

What demographic does Affirm primarily serve?

Affirm serves nearly 14 million customers, offering flexible payment options primarily to consumers in the United States.

How does Affirm contribute to merchant growth?

Affirm helps merchants drive growth by providing tools to offer flexible payment options, increasing overall sales, and improving customer repurchase rates.

Where can I find Affirm’s latest financial results?

Affirm’s latest financial results and shareholder letters can be found on their investor relations website at https://investors.affirm.com/.

Affirm Holdings, Inc.

Nasdaq:AFRM

AFRM Rankings

AFRM Stock Data

20.65B
258.46M
4.85%
78.57%
5.84%
Software - Infrastructure
Personal Credit Institutions
Link
United States of America
SAN FRANCISCO