AFRM Stock Recent News

Affirm Holdings is nearing GAAP operating profitability, driven by strong gross merchandise volume growth and improving customer monetization. The expanding BNPL and e-commerce markets provide a significant run-way for Affirm's continued growth and valuation upside. Affirm's high valuation is justified by its rapid progress toward profitability and the potential for further revaluation as the business scales.

Auto shop management platform Shopmonkey has added Affirm as a pay-later provider. [contact-form-7] This arrangement, announced Wednesday (June 25), makes Affirm a default payment method for car repair shops that use Shopmonkey's payment processing solution, letting them offer pay-over-time financing.

AFRM extends its key funding deal with MSC through 2027, reinforcing growth and stability in the BNPL market.

SAN FRANCISCO--(BUSINESS WIRE)--Shopmonkey, the cloud-based auto shop management platform, announced today that it has selected Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, as one of its pay-over-time providers. Affirm is now a default payment method for auto shops using Shopmonkey's payment processing solution, enabling them to offer flexible and transparent financing options to eligible customers. Thousands of auto shops – the majority o.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and the Moore Specialty Credit ("MSC") Platform, the Private Asset Backed Finance (“ABF”) platform of Moore Capital Management, LP (“Moore”), a global private investment management firm, today announced an extension of their long-term capital partnership through May 2027. The expansion builds upon Affirm and MSC's longstanding collaboration, which will surpass a d.

AFRM's pass-through loan facility from PGIM can boost its BNPL growth while reducing funding risks and costs.

Affirm has announced a new revolving pass-through loan sale facility in which PGIM Fixed Income, a Prudential Financial company, will invest up to $3 billion over 36 months by purchasing up to $500 million of Affirm loans at any one time.

AFRM lifts fiscal 2025 guidance after strong Q3 results, with GMV and repeat customers driving revenue and margin growth.

SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company and one of the largest global fixed income managers with $862 billion in assets under management1, today announced the expansion of their capital partnership with a new revolving pass-through loan sale facility that will invest up to $3 billion over 36 months by purchasing up to $500 million of Affi.