Affirm Holdings, Inc. Class A Common Stock
AFRMAffirm Holdings, Inc. Class A (AFRM) is a financial technology company specializing in buy now, pay later (BNPL) solutions. It offers consumers the ability to make purchases and pay over time through flexible installment plans. Affirm partners with merchants across various sectors to provide transparent and straightforward financing options, aiming to enhance the shopping experience with real-time credit approvals and clear terms.
Company News
Affirm, a buy now, pay later fintech company, continues to show strong growth and profitability despite market challenges, with impressive transaction volumes and partnerships with major e-commerce platforms.
Affirm Holdings secured a multi-year capital partnership with New York Life, enabling off-balance-sheet funding for up to $1.75 billion in annual consumer loans, which validates its data-driven lending model and provides strategic financial flexibility.
Federal Reserve Chair Jerome Powell dampened market expectations for a December interest rate cut, suggesting economic uncertainty and cautioning against premature monetary policy changes. This led to stock market declines across various sectors, particularly in interest rate-sensitive industries.
Lifestyle expert Marisa Brahney shared top back-to-school strategies focusing on technology, health, wellness, and budget-friendly shopping for parents preparing for the new school year.
Affirm (AFRM) ensures service continuity and security amid the Evolve Bank cybersecurity breach.
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