Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected key performance indicators and projected strong holiday consumer spending during its fiscal first quarter conference...
Buy the rumor, goes the old Wall Street saying, sell the news. And that may have been what happened with Affirm’s stock Thursday evening after the market closed, when investors sent the shares down 11% on the heels of a massive runup into earnings that...
Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering. Supplementals from the company showed that gross merchandise volume (GMV) was up 28% to $5.6 billion. Active customers surged 15% to 16.9...
Affirm posted results Thursday evening (Aug. 24) that showed continued embrace of buy now, pay later (BNPL) — and repeat transactions per active customer. The company’s earnings supplementals detailed a 25% rise in gross merchandise volume to $5.5 billion. The average order value declined to $317 from...
November 12, 2024
Six months after launching its Visa Flexible Credential (VFC) in Japan with Olive, Visa’s taking the all-in-one payment credential into two new use cases, both announced Tuesday (Nov. 12). According to the payments network, the VFC is being rolled out in the U.S. with the Affirm Card (already in the market), the buy now, pay […]
November 07, 2024
Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected...
February 08, 2024
Buy the rumor, goes the old Wall Street saying, sell the news. And that may have been what happened with Affirm’s stock Thursday evening after the market closed, when investors...
November 08, 2023
Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering. Supplementals from the company showed that gross...
