Affirm Holdings reported a strong fiscal Q4 with revenue up 33% year-over-year to $1.166 billion, surpassing estimates. Gross merchandise volume rose 36% to $14.1 billion, and the company expects fiscal 2027 GMV to exceed $64 billion, signaling at least 28% growth. Affirm's active consumer base and transaction volume also increased significantly, boosting investor confidence and leading to a rise in stock price and analyst price targets. The company forecasts continued growth in Q1 2027 with GMV between $13.7-$14 billion and revenue of $1.19-$1.22 billion.
Buy Now Pay Later (BNPL) stocks surged after Stripe and Advent International withdrew from a potential $50 billion PayPal acquisition. This deal collapse removed a major buyer, causing PayPal shares to drop 11% while competitors Klarna, Affirm, and S...
Missing a Buy Now, Pay Later (BNPL) payment often results in late fees averaging $10, account suspension, and potential credit score harm as more providers report to credit bureaus. If unpaid balances go to collections, it can impact credit for up to...
Affirm Holdings reported quarterly results that exceeded expectations, boosting its shares by nearly 10% in after-hours trading. The company showed strong business resilience with low delinquency rates and 36% growth in gross merchandise volume, desp...
PayPal's stock dropped 15% after Stripe and Advent International abandoned a $50 billion acquisition deal, removing a key growth catalyst. Despite strong Q2 earnings, the failed buyout erased the premium that had boosted PayPal's price by over 40% th...
Shopify and Affirm have introduced Shop Pay Installments in Australia, allowing shoppers to split purchases into biweekly or monthly payments with options for interest-free or interest-bearing plans. This service, already available in the U.S., Canad...
