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.
Affirm (NASDAQ: AFRM) has partnered with VersaClimber, enabling consumers to finance their fitness equipment through monthly payments starting at 0% APR. Eligible customers can purchase VersaClimber machines and split costs over time, ensuring transparency with no hidden fees. The partnership aims to make fitness more accessible, with Affirm's services already benefiting over 240,000 retail partners, including major brands like Walmart and Peloton. This collaboration is expected to drive sales, increase average order values, and enhance customer retention for both Affirm and VersaClimber.
Affirm Holdings, Inc. (NASDAQ: AFRM) has announced a shareholder fireside chat featuring CFO Michael Linford on March 9, 2023, at 11:00 AM ET. The event, moderated by Timothy Chiodo and Moshe Orenbuch from Credit Suisse, will be streamed live on the company’s investor relations website. Shareholders can submit questions via Say Technologies' Q&A platform until March 8, 2023. The discussion will cover Affirm’s strategies, products, and financial results. A replay of the webcast will be available afterwards.
Affirm aims to provide transparent financial products that prioritize consumer empowerment and responsible spending.
Affirm Holdings, Inc. (NASDAQ: AFRM) will participate in several upcoming investor conferences. On March 7, 2023, Libor Michalek and Rob O’Hare will engage in a fireside chat at the Morgan Stanley Technology Conference in San Francisco. Concurrently, Brooke Major-Reid and Zane Keller will attend the Truist Securities Technology, Internet & Services Conference in New York. On March 14, CFO Michael Linford will join investor meetings at Loop Capital Markets Conference in New York. A fireside chat with Linford and Major-Reid is scheduled for March 15 at the Wolfe FinTech Forum. The Bank of America Electronic Payments Symposium will feature a virtual chat with O’Hare on March 21. Live webcasts will be accessible on the investor relations website.
Affirm Holdings, Inc. (NASDAQ: AFRM) reported its fiscal 2023 second-quarter results, ending December 31, 2022. The company emphasized its role in empowering consumers and aiding merchants in growth through transparent payment solutions. Details of the results, including a shareholder letter, are available on the investor relations website. A conference call discussing these results is scheduled for 5:00 PM ET, featuring CEO Max Levchin and CFO Michael Linford. Affirm aims to provide consumers clear cost expectations, avoiding late fees and hidden charges, distinguishing its service from traditional credit options.
Affirm (NASDAQ: AFRM) has partnered with KAYAK, becoming its exclusive pay-over-time provider in the U.S. This collaboration allows travelers to book flights, accommodations, and car rentals while paying in monthly installments without hidden fees. With KAYAK reporting a 40% increase in flight prices yet a 46% rise in overall search demand, this partnership aims to enhance payment flexibility for consumers. Travelers can split costs over $150, improving spending power amidst rising travel prices. Affirm's existing network includes 245,000 merchants, enhancing its market presence.
Affirm (NASDAQ: AFRM) plans to release its second quarter fiscal year 2023 shareholder letter, detailing financial results, on February 8, 2023, after market close. The company will host a conference call at 5:00 PM ET on the same day, featuring CEO Max Levchin and CFO Michael Linford. The call will be available for replay on Affirm's investor relations website. Affirm aims to provide transparent financial products without late or hidden fees, promoting responsible spending and saving.
Affirm Holdings (NASDAQ: AFRM) will host a shareholder fireside chat featuring CFO Michael Linford on December 6, 2022, at 11:00 AM Eastern Time. Moderated by Dan Dolev from Mizuho Bank, the event will be streamed live on the company's investor relations website. Shareholders can submit questions using Say Technologies’ Q&A platform until December 5, 2022, at 9:00 AM Eastern Time. The chat aims to address queries regarding Affirm's strategy, products, and financial results, promoting transparency and engagement with investors.
Affirm Holdings (NASDAQ: AFRM) announced participation in two investor conferences. On November 29, 2022, CFO Michael Linford will engage in a fireside chat at the Credit Suisse Technology Conference in Scottsdale, AZ, starting at 2:05 pm PT. Following that, on December 2, 2022, he will participate in the Wedbush Disruptive Finance Virtual Conference at 8:00 am PT. Both events will be available via live webcast on Affirm's investor relations website.
Affirm Holdings, Inc. (NASDAQ: AFRM) reported its fiscal 2023 first quarter results for the period ending September 30, 2022. The company provides financial products aimed at improving consumer spending and saving habits. Key financial outcomes and shareholder insights are detailed in their SEC Form 8-K. A conference call to discuss these results is set for today at 5:00 pm ET, led by CEO Max Levchin and CFO Michael Linford. Interested parties can access the call via the investor relations website.
Newegg Commerce (NASDAQ: NEGG) and Affirm (NASDAQ: AFRM) have expanded their partnership to Canada, enhancing payment options for customers on Newegg.ca. The integration allows eligible customers to use Affirm to pay over time for purchases of $100 CAD or more, with no late fees or hidden costs. The initiative aims to provide Canadian consumers with the same flexible shopping experience previously offered in the U.S. since 2021. Newegg's Senior Category Manager, Danny Yip, anticipates positive reception from Canadian customers, especially ahead of the holiday season.
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