Buy now pay later stocks rally with Affirm and Klarna up 5%, PayPal rises modestly amid sector rebound.

Buy now pay later (BNPL) stocks surged together, led by Affirm and Klarna, each rising about 5%, while PayPal increased by 2%. This rally contrasts with the broader financial sector's modest gains, suggesting renewed investor interest in BNPL lenders. Affirm's recent partnership with Crate and Barrel and an upgrade from DBS Bank support its momentum. However, Klarna's 55% year-to-date loss raises questions if this is a true sector re-rating or a short-term bounce. Credit trends remain favorable, but consumer sentiment is soft, making future lending volumes and credit performance key to sustaining the rally.

As of Oct 06, 2026 00:01 WIB, Affirm Holdings Inc is trading on Pluang at USD 74.38, up 5.09% for the day, reflecting strong investor interest in BNPL stocks. PayPal Holdings, Inc. also gained 2.12%, priced at USD 53.92, showing a more moderate rise. Affirm's market cap stands at $24.13 billion, highlighting its significant presence in the financial sector on Pluang.