Affirm Holdings, Inc. Stock Price, News & Analysis

Affirm Holdings (NASDAQ: AFRM) has announced an upcoming fireside chat featuring CFO Rob O'Hare, scheduled for March 18, 2025, at 10:00 AM Eastern Time. The event, co-produced by Stocktwits and Stakeholder Labs, will address investor questions about Affirm's strategy, products, business model, and financial results.

The chat will be hosted by Stocktwits podcast host Katie Perry and will be available on major podcast platforms and Affirm's investor relations website. Verified shareholders can submit and upvote questions through Say Technologies from February 28, 2025 (8:00 AM ET) until March 7, 2025 (8:00 AM ET). Additionally, the Stocktwits community can submit questions using the $AFRM tag on social media.

Affirm (NASDAQ: AFRM) has announced a new partnership with Stitch Fix (NASDAQ: SFIX), adding the online personal styling service to its merchant network. Through this integration, approved Stitch Fix shoppers can now access flexible monthly payment plans with no late or hidden fees.

The expansion comes as Affirm reported a 20% year-over-year increase in fashion sales during October through December, indicating growing consumer preference for flexible payment options in clothing purchases. Stitch Fix joins over 45 fashion merchants who have integrated Affirm in the past six months, including major retailers like Amazon, The RealReal, Canada Goose, Net-a-Porter, adidas, and David's Bridal.

Affirm (NASDAQ: AFRM) and Shopify have announced an expanded global partnership agreement. The deal maintains Affirm as the exclusive provider of Shop Pay Installments in the United States and extends this exclusivity to Canada, with plans to expand into the UK market.

Under the agreement, eligible Shopify merchants in Canada will be able to offer Shop Pay Installments powered by Affirm at checkout. Customers will have access to flexible payment options including biweekly and monthly plans, with rates starting at 0% APR, terms up to 24 months, and no late or hidden fees.

The partnership, which began five years ago, has seen significant success since Shop Pay Installments' launch in 2021, with millions of consumers utilizing the payment option across Shopify's U.S. merchant network.

FIS (NYSE: FIS) has announced a strategic partnership with Affirm (NASDAQ: AFRM) to provide integrated pay-over-time capabilities to FIS debit issuing banking clients. Upon launch, FIS debit processing banks can integrate Affirm's solution into their digital banking and mobile app platforms, offering their customers flexible payment options including BNPL and monthly payment plans.

The program will allow eligible customers to access biweekly and monthly payment plans through existing debit card products, with potential access to merchant-funded financing offers including 0% APRs from Affirm's network of over 335,000 merchants. Affirm will handle underwriting and servicing responsibilities, while banks can offer these services directly through their banking channels.

This partnership aims to help banks meet growing consumer demand for payment flexibility while increasing customer engagement and accelerating growth. The collaboration enables financial institutions to provide pay-over-time solutions to millions of U.S. debit card holders.

Coast Dental has announced a partnership with Affirm (NASDAQ: AFRM) to provide flexible payment options across its 100 locations in Florida, Georgia, and Texas. The collaboration enables approved patients to access biweekly and monthly payment plans for dental services, including exams, cleanings, veneers, and CoastClear Aligners.

Through a simple QR code scan and quick eligibility check, patients can choose customized payment plans with rates starting at 0% APR. Affirm's transparent financing solution comes with no late or hidden fees, and approvals are based on responsible lending practices.

This partnership comes amid Affirm's significant expansion in the healthcare sector, where it has achieved a 90% year-over-year growth in active healthcare providers. Affirm's network includes other notable healthcare providers such as GoodRx, RepeatMD, and Veterinary Emergency Group.

Affirm Holdings (NASDAQ: AFRM), a payment network focused on consumer empowerment and merchant growth, has announced its fiscal 2025 second quarter results for the period ending December 31, 2024. The company has made its detailed financial results and shareholder letter available through the SEC Form 8-K filing, which can be accessed in the 'Events and Presentations' section of Affirm's investor relations website.

The company will discuss these results during a conference call and webcast scheduled for 5:00pm ET, led by Founder and CEO Max Levchin, COO Michael Linford, and CFO Rob O'Hare. The webcast will be available live and as a replay on the company's investor relations website.

FICO and Affirm have released findings from a groundbreaking 12-month study analyzing the impact of including 'Buy Now, Pay Later' (BNPL) loans in FICO® Scores. The research, which examined over 500,000 consumers with Affirm BNPL loans, revealed that FICO's innovative treatment of BNPL data can lead to score improvements for some borrowers while enhancing model performance.

Key findings show that for over 85% of consumers, score impacts were within +/- 10 points. Notably, consumers with five or more Affirm BNPL loans experienced higher scores or no changes. FICO developed a proprietary approach that aggregates multiple BNPL loans when calculating certain variables, effectively capturing predictive signals while potentially increasing scores for some BNPL users.

Based on these results, FICO is developing a solution to implement its proprietary treatment of BNPL data in the credit-scoring marketplace.

Affirm Holdings (NASDAQ: AFRM) has announced its participation in two upcoming investor conferences. Libor Michalek (President) and Rob O'Hare (CFO) will attend the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 4, 2025. Michalek will participate in a fireside chat at 4:50pm PT.

Additionally, CFO Rob O'Hare will attend the Wolfe FinTech Forum in New York on March 11, 2025, where he will participate in a fireside chat (time to be announced). Both events will be webcast live on Affirm's investor relations website, with replays available for a time after each conference.

Affirm Holdings (NASDAQ: AFRM) and Liberty Mutual Investments (LMI) have expanded their forward flow loan purchase program through June 2027. Under the expanded agreement, LMI will purchase Affirm's installment loans up to $750 million outstanding, with expectations to invest up to $5 billion in the program over time.

The partnership, which began in 2019, strengthens Affirm's funding model, which includes warehouse facilities, forward flow agreements, and asset-backed securitizations. As of September 30, 2024, Affirm's total funding capacity reached $16.8 billion, growing over 50% in two years. The company serves more than 19 million active consumers and generated over $28 billion in gross merchandise volume for the twelve months ending September 30, 2024.