Affirm Holdings, Inc. Stock Price, News & Analysis

Affirm Holdings (NASDAQ: AFRM) and WooCommerce have expanded their partnership to the United Kingdom, enabling UK merchants to offer Affirm's flexible payment solutions at checkout. This expansion follows Affirm's UK launch in November 2024 and their December 2024 North American partnership extension.

The integration allows over 170,000 UK WooCommerce merchants to provide customers with customizable payment plans without hidden or late fees. Independent retailer Bedworld is among the first UK businesses implementing Affirm's pay-over-time solutions through the WooCommerce platform.

This partnership expansion represents a continuation of the collaboration between Affirm and WooCommerce that began in 2015, focusing on providing flexible payment options to help small and midsized businesses grow and enhance customer experience.

Affirm Holdings (NASDAQ: AFRM) and TransUnion (NYSE: TRU) announced the expansion of credit reporting for all Affirm's pay-over-time products. Starting May 1, 2025, all Affirm loans, including Pay in 4 and longer-term monthly installments, will be reported to TransUnion.

While these transactions will initially appear on TransUnion credit files without impacting traditional credit scores or being visible to lenders, future credit scoring models may incorporate this information to support more informed lending decisions and help consumers build credit histories.

TransUnion's research indicates strong potential adoption, with 40% of non-users likely to use buy now, pay later services, increasing to 53% if it could positively impact credit scores. The partnership aims to make Affirm's financial products more mainstream while maintaining their no-late-fees and transparency policies.

Affirm (NASDAQ: AFRM) and Shopify announced the expansion of Shop Pay Installments beyond the US market. The partnership launches first in Canada with early access, followed by general access in Canada and the UK this summer. Future expansion plans include Australia and Western Europe, specifically France, Germany, and Netherlands.

Shop Pay Installments, powered exclusively by Affirm, allows merchants to offer flexible payment options to shoppers, including biweekly and monthly payment plans with rates starting at 0% APR, without late or hidden fees. The service can be easily activated through the Shopify admin dashboard without additional technical integration.

The expansion will enable cross-border commerce capabilities between the US, Canada, and UK. Since its 2021 launch in the US, Shop Pay Installments has attracted millions of active users across Shopify's merchant network.

Affirm Holdings (NASDAQ: AFRM), a payment network focused on consumer empowerment and merchant growth, has scheduled the release of its third quarter fiscal year 2025 financial results. The company will publish its shareholder letter on Thursday, May 8, 2025, after market close.

A conference call and webcast will follow at 5:00pm ET the same day, featuring key executives Max Levchin (Founder and CEO), Michael Linford (COO), and Rob O'Hare (CFO). The presentation will be available for replay on Affirm's investor relations website.

Stride Bank has announced a new partnership with Affirm Holdings (NASDAQ: AFRM) to become a card issuing partner for the Affirm Card. The collaboration will support Affirm's debit card program, which allows consumers to pay in full or request to pay over time for eligible purchases through the Affirm app.

The Affirm Card, which boasts 1.7 million active cardholders as of December 31, 2024, operates within Affirm's network of 21 million active consumers and over 330,000 integrated merchants. The card works wherever Visa is accepted and features no hidden fees, no revolving credit, and fixed interest rates that don't compound into principal.

Affirm (NASDAQ: AFRM) has expanded its partnership with J.P. Morgan Payments, integrating its pay-over-time solutions into J.P. Morgan's Commerce Platform for U.S. merchants. The collaboration comes amid strong growth for Affirm, which reported:

• 23% YoY growth in active consumers to 21 million
• 35% YoY increase in GMV to over $10B in Q4 2024

Through this integration, merchants can offer customers flexible payment plans ranging from $35 to $30,000, with terms from 30 days to 60 months. Affirm's impact on merchant performance includes:

• 70% higher average cart sizes
• 30% fewer abandoned carts compared to other providers

The partnership also includes Affirm joining the J.P. Morgan Payments Partner Network, expanding its reach to J.P. Morgan's extensive payment network that processes nearly $10 trillion in daily payments across 160+ countries.

FuturHealth has partnered with Affirm (NASDAQ: AFRM) to offer flexible payment solutions for GLP-1 medications and wellness services. The integration allows approved customers to finance treatments like Wegovy and Ozempic, which can cost over $1,000 monthly, through transparent payment plans with 0% APR options.

Customers can select Affirm at checkout, undergo a quick eligibility check, and choose between biweekly or monthly payment schedules. The partnership aims to make personalized wellness more accessible while ensuring responsible lending practices with no late or hidden fees.

According to Affirm's VP of SMB and Platform Partnerships, the company has experienced 90% year-over-year growth in healthcare provider partnerships, reflecting increasing consumer demand for flexible healthcare payment options.

Affirm Holdings (NASDAQ: AFRM) and Adyen have expanded their partnership to the United Kingdom, enabling Adyen's UK merchants to offer Affirm's flexible payment solutions at checkout. The expansion follows significant growth in their partnership, with average annual volume increasing more than seven times from 2021 to 2023.

The collaboration offers UK consumers access to both interest-free and interest-bearing installment options, with no hidden or late fees. This expansion builds upon their initial partnership launched in November 2020 in the US, which included both online and in-store payment solutions through Adyen's terminals.

The announcement follows Affirm's recent UK launch in November 2024 and their December 2024 expansion to Adyen for Platforms customers in the US and Canada. Affirm UK is authorized and regulated by the Financial Conduct Authority.

Affirm Holdings (NASDAQ: AFRM) announced the expansion of its credit reporting partnership with Experian, set to include all pay-over-time products starting April 1, 2025. This industry-leading initiative will encompass reporting of all loan products, including Pay in 4 and longer-term installment loans.

While the new loan reporting won't immediately impact traditional credit scores, it may be incorporated into future credit scoring models. The move aims to enhance transparency in the buy now, pay later (BNPL) industry and support more informed lending decisions. Consumers will be able to view all Affirm loans issued from April 2025 onward on their Experian credit files.

Affirm plans to collaborate with other credit reporting agencies to furnish all loan products, demonstrating their commitment to responsible lending practices and consumer financial empowerment.