Affirm has introduced a new transformer-based underwriting model at U.S. checkouts that evaluates credit history patterns in real time, approving borrowers its previous system would have declined, including those with thin credit files or no FICO score. Built on 14 years of transaction data, the model increased approved purchases by 3.4% at similar risk levels and improved loan performance. This innovation supports Affirm’s shift toward more frequent, smaller purchases, expanding access responsibly without loosening credit standards. The model’s explainability and speed enable seamless integration at checkout, promising better credit decisions for everyday consumers.
AFRM (Affirm Holdings Inc) shares trade at USD 74.00 on Pluang as of Sep 17, 2026 18:11 WIB, up 3.38% for the day. The stock's market cap stands at $24.15 billion, reflecting solid investor interest. Volume reached 3,986,981, indicating active trading alongside the company's innovative underwriting model news.
Klarna's stock has fallen 51% this year, contrasting with gains by BNPL peers Sezzle and Affirm. The decline stems from company-specific issues, including lowered revenue and transaction volume forecasts, and credit risk concerns tied to Klarna holdi...
Affirm Holdings, a fintech company offering buy now, pay later services, saw its shares rise 6% following Wolfe Research's upgrade to an Outperform rating and a $90 price target, implying a 26% upside from $71.44. This positive analyst sentiment, inc...
