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 Sezzle gained between 2% and 10%. Affirm's strong fiscal Q4 earnings and leadership changes boosted investor confidence, while Klarna and Sezzle benefited from relief over reduced consolidation risk. Investors should watch Affirm's upcoming volume metrics and PayPal's ability to stabilize without a takeover premium.
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...
Affirm reported a 41% increase in transactions in its latest quarter, outpacing a 36% rise in gross merchandise volume (GMV) to $14.1 billion, while average order value declined 4%. The growth is driven by more frequent, smaller purchases, especially...
