Affirm Holdings, Inc.·Technology

Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.

Affirm Holdings expands Royal Caribbean cruise financing to the U.K. and Canada as demand for flexible travel payments continues to rise.

Visa, Affirm and Block highlight how fintech is remaking payments, lending and investing with AI, blockchain and digital wallets.

AFRM shares are down 12.3% YTD, but active users, GMV and transactions are surging as inflation fears and rising debt keep pressure on the stock.

NEW YORK--(BUSINESS WIRE)--One William Street Capital Management, L.P. and its affiliates (“OWS”) today announced that it has expanded its long-term capital partnership with Affirm. OWS closed a dedicated fund to purchase approximately $1.5 billion of loans from Affirm through 2027. This is in addition to extending an existing facility to purchase an additional ~$500 million per year in loans through 2027. This builds upon the investment relationship that began in 2021 and has since grown acros.

LONDON & TORONTO--(BUSINESS WIRE)--UK and Canadian holidaymakers booking with Royal Caribbean can now spread the cost of their cruise over time without compounding interest or late fees, following a new partnership with payment network Affirm (NASDAQ: AFRM). With the summer holiday season fast approaching, today's announcement gives travellers more flexibility to plan and pay for their next getaway, whether it is a family break in the Mediterranean or a bucket list Caribbean holiday. Royal Cari.
Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months. As of June 30, 2021, the company had approximately 29,000 merchants integrated on its platform covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel, apparel, accessories, consumer electronics, and jewelry. The company was founded in 2012 and is headquartered in San Francisco, California.
Technology
Software - Infrastructure
2,006
2021-01-13
3.72