Welcome to our dedicated page for Affirm Holdings news (Ticker: AFRM), a resource for investors and traders seeking the latest updates and insights on Affirm Holdings stock.
Affirm Holdings, Inc. (AFRM) is a leading financial technology company reshaping digital commerce landscape through its transparent buy now, pay later solutions. This dedicated news hub provides investors and industry observers with essential updates on Affirm's strategic initiatives, merchant partnerships, and evolving role in the BNPL sector.
Access real-time press releases covering earnings announcements, product innovations, and regulatory developments. Our curated feed delivers actionable insights into Affirm's mobile commerce integrations, risk management advancements, and market expansion strategies.
Key updates include quarterly financial disclosures, merchant network expansions, and technology partnerships that enhance point-of-sale financing capabilities. Track Affirm's progress in developing secure payment gateways and consumer-friendly credit alternatives within the competitive fintech ecosystem.
Bookmark this page for streamlined access to verified information about Affirm's operational milestones. Stay informed about critical developments affecting digital payment trends and consumer financing solutions through our comprehensive news aggregation.
Affirm Holdings (NASDAQ: AFRM) invites shareholders to participate in a fireside chat on March 18, 2022, at 8:00 AM Pacific Time. CFO Michael Linford will discuss the company's strategy, products, and financial results, moderated by Ramsey El-Assal from Barclays. Shareholders can submit questions via Say Technologies’ Q&A platform until March 17, 2022, at 6:00 AM Pacific Time. The event will be streamed live on the company’s investor relations website.
Affirm Holdings (NASDAQ: AFRM) has announced that Max Levchin, Founder and CEO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2022, at 4:45 PM PT in San Francisco, CA.
This discussion will be webcast live on the Company's investor relations website, with a replay available afterward. Affirm focuses on delivering honest financial products, empowering consumers and merchants through transparency and trust.
Affirm Holdings (NASDAQ: AFRM) reported strong financial performance for Q2 2022 with gross merchandise volume (GMV) soaring 115% to $4.5 billion. The company increased active merchants from 8,000 to 168,000 and grew active consumers by 150%, totaling 11.2 million. Revenue climbed 77% year-over-year to $361 million, while adjusted operating loss reached $7.9 million. Affirm also provided an optimistic outlook for FY 2022, anticipating GMV of $14.58 to $14.78 billion and revenue between $1,290 and $1,310 million.
Affirm (NASDAQ: AFRM) has launched two new products: the Affirm SuperApp and a Chrome browser extension. The SuperApp combines shopping, payment, and financial services, allowing consumers to manage finances, earn cash back, and access tailored offers. The extension enables users to pay with Affirm at virtually any online retailer, enhancing convenience. During a beta test, users of the extension showed a 30% increase in purchases via Affirm. The SuperApp attracted over $300 million in total deposits, indicating strong consumer engagement.
Affirm Holdings (NASDAQ: AFRM) announced a conference call to discuss its second quarter fiscal year 2022 financial results on February 10, 2022, at 5:00 PM ET. The call will feature CEO Max Levchin and CFO Michael Linford, and will be webcast live from the company's investor relations website. A press release with the financial results will be published after market close on the same day. Affirm aims to provide transparent financial products that empower consumers and help businesses grow.
Newegg Commerce, Inc. (NASDAQ: NEGG) has partnered with Affirm (NASDAQ: AFRM) to offer flexible pay-over-time options for customers shopping on Newegg.com. This new option allows purchases over $100 to be split into simple monthly payments without hidden fees. Affirm’s survey indicates that over half of Americans are interested in such payment solutions during the holiday season. Newegg's CEO Anthony Chow emphasized this collaboration enhances customer payment flexibility, aligning with current consumer demands.
Affirm Holdings, Inc. has announced the pricing of a private offering of $1.5 billion in 0% Convertible Senior Notes due 2026, increasing from a previously stated $1.25 billion. The offering includes an option for additional $225 million in Notes. The net proceeds are expected to be approximately $1.48 billion, intended for general corporate purposes and future growth. The Notes will be due on November 15, 2026, and the initial conversion price is set at $215.65 per share, reflecting a 55% conversion premium.
Affirm Holdings (Nasdaq: AFRM) announced a private offering of
Affirm Holdings (NASDAQ: AFRM) will take part in two virtual investor conferences. CFO Michael Linford is scheduled for a fireside chat at the RBC Global TIMT Conference on November 16, 2021, at 4:00 PM ET, and at the Citi FinTech Conference on November 17, 2021, at 1:30 PM ET. Both events will be webcast live on the company's investor relations site, with replays available afterward. Affirm aims to provide transparent financial products, promoting responsible spending and saving for consumers, and supporting business growth.
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