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The Latest Breaking News from Affirm

Rumors of American consumer strife are greatly exaggerated, Affirm CEO and PayPal cofounder says

Any customer’s inability to pay is a mistake on Affirm’s side, Max Levchin added. And he’s got the numbers to prove it.

Fortune

PayPal cofounder Max Levchin's traumatic debt experience motivated him to create Affirm. Now he's dreaming of a world without credit cards

But the jury’s still out on whether his buy-now, pay-later system is any better—or different for consumers.

Fortune

Stock Market Today: Nvidia Enters Correction Territory

The chipmaker has declined nearly 13% since hitting an all-time closing high earlier this month.

Kiplinger

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Affirm Stock, 3 Others Rise On Analyst Upgrades With This Shared Positive Trait

While Affirm stock regained a key level amid the analyst upgrade, two of its peers are near buy points, a third is near an entry.

Investors Business Daily

Is This Fintech Stock a Buy on Its Apple Partnership?

This fintech firm's recent partnership with Apple Pay gave a boost to its dwindling share price - but what will the next catalyst be?

Barchart

Apple Discontinues Apple Pay Later, Integrates Affirm Into Apple Wallet

Apple discontinues Apple Pay Later service, focusing on established buy now, pay later players. Plans to enable banks to offer such services through Apple ...

Top News

Apple kills off its buy now, pay later service service barely a year after launch

Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna

The Independent UK

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Apple’s ‘Buy Now, Pay Later’ service gets shut down today — what you need to know

Apple is shutting down its Apple Pay Later service that was introduced less than a year ago but similar features are coming to Apple Pay later this year.

Tom’s Guide

Apple Pay Later is already being shut down, after only launching last year

After only launching last year, Apple is shutting down Apple Pay Later in favor of new instalment loan options from third-parties.

iMore

The Fed hits Evolve bank with order over fintech troubles

The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.

Fortune

PayPal cofounder Max Levchin’s network of tiny banks could help Apple with its Goldman Sachs issue

The tech giant’s most high-profile banking partnership is reportedly dissolving, but a partnership with Affirm, led by PayPal cofounder Max Levchin, plus a network of smaller, mostly state-chartered banks, is now in place.

Fortune

Stock Market Today: Nasdaq Hits New High as Apple Stock Soars

Apple stock was one of the biggest gainers Tuesday as analysts were encouraged by the tech giant's new AI offerings.

Kiplinger

Apple Pay will have more payment options this fall and will also welcome Windows, Chrome users

Apple Inc. plans to add several new features to Apple Pay and Apple Wallet later this year that will more deeply integrate financing, rewards, and buy now, pay later options into the iPhone when consumers shop on their phones

The Independent UK

Buy now, pay later companies must adhere to credit card standards, consumer agency says

The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders

The Independent UK

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Investors Business Daily

Affirm Earnings Top Views With Guidance Above Views. AFRM Stock Reverses Down.

Affirm climbed after the consumer financing firm reported a smaller-than-expected fiscal Q3 loss while revenue and other financial metrics beat Wall Street targets.

Investors Business Daily

Down On Its Luck Affirm Stock Gets Bearish Customer News

Affirm stock wavered Tuesday amid a report that Walmart, a key customer of the consumer financing firm, is readying its own "buy now, pay later" services.

Barchart

Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?

With consumers stretched by inflation, demand for BNPL is expected to remain high, benefiting BNPL stocks like SQ and AFRM. Here's a look at what Wall Street expects for these two fintech names.

Barchart

AFRM Stock: Is the Worst Over for Affirm as Fed Reaffirms Rate Cut Guidance?

Affirm stock rose over 11% yesterday after the Fed backed its guidance for three rate cuts in 2024. The worst looks over for this BNPL name amid the expected trajectory of rate cuts and its strong competitive positioning in the industry.

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news in one place.

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Barchart

Where Will Affirm Holdings Stock Be in 1 Year?

AFRM stock is sitting out the broad-market rally this year, and analysts are strongly divided on the stock's valuation. What's next for this fintech growth play?

Investors Business Daily

Stock Market Today: Dow Futures Rise With CPI Data On Tap; Bitcoin Surges Above $47,000

Dow futures edged up with the stock market rally at highs. Revised CPI data is on tap. Bitcoin ran above $47,000, a 52-week high.

Investors Business Daily

Affirm Guidance In Focus After Huge AFRM Stock Run-Up

Affirm reported a smaller-than-expected loss in the December quarter while revenue topped Wall Street targets.

Investors Business Daily

AFRM Stock: Here's What Financial Metrics Will Be Key For Affirm Earnings

When Affirm Holdings reports fiscal second quarter earnings here are two financial metrics that will be key for AFRM stock.

Investors Business Daily

Intuit, GitLab Lead Five Stocks Staging Bullish Rebounds

Intuit and GitLab lead five stocks to watch that are rebounding off short-term support near buy points.

Investors Business Daily

Three 'Buy Now, Pay Later' Stocks That Are 'Game Changing' Investing In Consumer Strength

The “buy now, pay later” boom could mean big returns for investors in BNPL tocks hoping to cash in on consumer spending.

Barchart

Is Affirm Stock a Buy After Falling 17% from Its 52-Week Highs?

Affirm was the best-performing stock last year in the universe of companies with a market cap over $5 billion. However, the stock is down 11% so far this year. Is it a buy now, or should investors wait for the stock to fall further?

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