STOCK TITAN
  1. Home
  2. News
  3. AFRM

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.

News

Affirm to Announce Second Quarter Fiscal Year 2024 Results on February 8, 2024

Rhea-AI Summary
Affirm Holdings, Inc. (AFRM) will release its second quarter fiscal year 2024 financial results on February 8, 2024, after market close. The company will host a conference call and webcast at 5:00pm ET the same day, with Max Levchin, Founder and CEO, and Michael Linford, CFO, leading the call. The shareholder letter will be available on the investor relations website, and a replay will be accessible after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.07%
Tags
earnings
-
News

Evolve Selects Affirm as Its Pay-Over-Time Partner

Rhea-AI Summary
Affirm (AFRM) partners with Evolve to offer pay-over-time options for vacation rentals, providing travelers with transparent and flexible payment solutions. Eligible travelers can split the total cost of bookings over $500 into monthly payments at 0% APR, without late or hidden fees. The partnership aims to boost Evolve's bookings and provide travelers with the opportunity to travel and make memories during uncertain economic times.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
none
-
News

Affirm Expands to Self-Checkout at Walmart Stores

Rhea-AI Summary
Affirm (NASDAQ: AFRM) expands its services with Walmart, allowing eligible consumers to pay over time at over 4,500 Walmart stores in the U.S. The partnership brings Affirm’s transparent and flexible pay-over-time options to self-checkout kiosks, enabling shoppers to pay for electronics, apparel, toys, and more in simple monthly payments. Affirm's research shows that over half of Americans are looking for buy now, pay later options, and 76% of consumers would delay or not make a purchase without Affirm. The expansion aims to increase purchasing power during the holiday shopping season and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.47%
Tags
none
News

Liberty Travel Partners with Affirm to Bring Travelers a More Flexible Way to Book Trips

Rhea-AI Summary
Liberty Travel (NASDAQ: AFRM) partners with Affirm to offer customers the option to book vacations and pay over time in simple monthly payments, with no hidden or late fees. Eligible travelers can split the total cost of any purchase over $250 into monthly payments, providing more flexibility and transparency when planning and paying for their well-earned vacations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
partnership
-
News

Zenni Optical Partners with Affirm to Deliver a More Flexible Way to Pay for Eyewear

Rhea-AI Summary
Affirm (NASDAQ: AFRM) partners with Zenni Optical to offer eligible shoppers the option to pay over time for their favorite items from Zenni's extensive selection of fashionable and high-quality prescription and protective eyewear. Approved Zenni customers can split the total cost of any purchase over $75 into monthly payments, with no hidden or late fees. Affirm never charges customers any late or hidden fees, providing a seamless pay-over-time shopping experience. On Black Friday, consumers paying with Affirm on eyewear spent nearly $260 per checkout, indicating a significant consumer demand for more flexible payment options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.35%
Tags
partnership
-
News

Affirm and Blackhawk Network Partner to Provide Consumers With More Choice and Flexibility for Purchasing Gift Cards

Rhea-AI Summary
Affirm (NASDAQ: AFRM) partners with Blackhawk Network to offer consumers a transparent and flexible way to purchase digital gift cards with customizable payment plans and APRs starting at 0%. The U.S. gift card market is expected to reach $260 billion in the next three years, and this partnership aims to tap into that growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
partnership
News

Affirm to Webcast CFO Fireside Chat on December 11, 2023

Rhea-AI Summary
Affirm Holdings, Inc. (AFRM) CFO to participate in a shareholder fireside chat on December 11, 2023, to address questions on strategy, products, business model, and financial results. Shareholders can submit questions via Say Technologies' Q&A platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.51%
Tags
conferences
-
News

Affirm Reports First Fiscal Quarter 2024 Results

Rhea-AI Summary
Affirm Holdings, Inc. (NASDAQ: AFRM) reports fiscal 2024 first quarter financial results, including a shareholder letter furnished to the SEC. The results can be found on the 'Events and Presentations' section of the Company’s investor relations website. A conference call and webcast to discuss the financial results will be hosted by Max Levchin, Founder and CEO, and Michael Linford, CFO, at 5:00pm ET today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.25%
Tags
earnings
-
News

Amazon Business Adds Affirm as First Buy Now, Pay Later Provider at Checkout

Rhea-AI Summary
Amazon and Affirm announce an expanded partnership to make Affirm the first pay-over-time option available at checkout on Amazon Business. Eligible sole proprietor businesses can split the total cost of eligible purchases and pay over time with Affirm without late or hidden fees. Affirm will be available to all eligible Amazon Business sole proprietor customers by Black Friday.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.48%
Tags
none
News

Interest-Free Promotions Outshine Discounts and Sales This Holiday Season

Rhea-AI Summary
Affirm's new research reveals shoppers' priorities for the holiday season. 75% of consumers plan to spend the same or more than last year, and 64% have not finished their holiday shopping. Staying within budget is the top priority for 59% of respondents. Consumers are looking for alternative ways to stay within their budgets this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

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/.

Stock AFRM logo
Affirm Holdings, Inc.

Nasdaq:AFRM

AFRM Rankings

#544 Ranked by Market Cap
N/A Ranked by Dividends

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