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. (NASDAQ: AFRM) is a Nevada-incorporated consumer lending and payment network company that focuses on pay-over-time options at checkout. This news page aggregates company announcements, partner releases, and regulatory communications so readers can follow how Affirm’s business and financial services evolve over time.
Recent news highlights Affirm’s focus on real-time underwriting and responsible credit decisions. The company has announced updates to its underwriting models that incorporate richer real-time signals, such as account balances and cash flow trends for consumers who link a bank account or maintain an Affirm Money Account. These updates are described as giving Affirm a more current view of a consumer’s finances at checkout and supporting more informed credit decisions.
Affirm also regularly issues news about partnerships and integrations. Releases have detailed expanded relationships with merchants such as Wayfair and Pacsun, where eligible shoppers can select Affirm at checkout for biweekly or monthly installment payments with no late or hidden fees. Other announcements describe integrations with payment and software platforms, including an expanded partnership with Worldpay for Platforms and the use of "Pay Later with Affirm" within Clio’s legal technology platform.
Investors can find coverage of earnings-related events and capital arrangements in this news feed as well. Affirm reports its quarterly financial results and hosts conference calls and webcasts, and it has announced an expanded long-term capital partnership with New York Life to purchase Affirm’s installment loans on a forward-flow basis. The company also shares information about investor conferences and shareholder-focused events, such as fireside chats with its leadership team.
By reviewing this page, readers can track Affirm’s latest product updates, underwriting developments, merchant and platform partnerships, capital relationships, and investor communications in one place.
Affirm (NASDAQ: AFRM) plans to release its second quarter fiscal year 2023 shareholder letter, detailing financial results, on February 8, 2023, after market close. The company will host a conference call at 5:00 PM ET on the same day, featuring CEO Max Levchin and CFO Michael Linford. The call will be available for replay on Affirm's investor relations website. Affirm aims to provide transparent financial products without late or hidden fees, promoting responsible spending and saving.
Affirm Holdings (NASDAQ: AFRM) will host a shareholder fireside chat featuring CFO Michael Linford on December 6, 2022, at 11:00 AM Eastern Time. Moderated by Dan Dolev from Mizuho Bank, the event will be streamed live on the company's investor relations website. Shareholders can submit questions using Say Technologies’ Q&A platform until December 5, 2022, at 9:00 AM Eastern Time. The chat aims to address queries regarding Affirm's strategy, products, and financial results, promoting transparency and engagement with investors.
Affirm Holdings (NASDAQ: AFRM) announced participation in two investor conferences. On November 29, 2022, CFO Michael Linford will engage in a fireside chat at the Credit Suisse Technology Conference in Scottsdale, AZ, starting at 2:05 pm PT. Following that, on December 2, 2022, he will participate in the Wedbush Disruptive Finance Virtual Conference at 8:00 am PT. Both events will be available via live webcast on Affirm's investor relations website.
Affirm Holdings, Inc. (NASDAQ: AFRM) reported its fiscal 2023 first quarter results for the period ending September 30, 2022. The company provides financial products aimed at improving consumer spending and saving habits. Key financial outcomes and shareholder insights are detailed in their SEC Form 8-K. A conference call to discuss these results is set for today at 5:00 pm ET, led by CEO Max Levchin and CFO Michael Linford. Interested parties can access the call via the investor relations website.
Newegg Commerce (NASDAQ: NEGG) and Affirm (NASDAQ: AFRM) have expanded their partnership to Canada, enhancing payment options for customers on Newegg.ca. The integration allows eligible customers to use Affirm to pay over time for purchases of $100 CAD or more, with no late fees or hidden costs. The initiative aims to provide Canadian consumers with the same flexible shopping experience previously offered in the U.S. since 2021. Newegg's Senior Category Manager, Danny Yip, anticipates positive reception from Canadian customers, especially ahead of the holiday season.
Affirm (NASDAQ: AFRM) has announced a conference call and webcast to discuss its first quarter fiscal year 2023 financial results scheduled for November 8, 2022, at 5:00 PM ET. The call will be led by Max Levchin, CEO, and Michael Linford, CFO. Financial results will be released on the same day, and a replay of the call will be available on the investor relations website.
Affirm's recent survey reveals a significant shift in consumer spending for the upcoming holiday season, with 71% of Americans planning to adjust their expenditures. Key findings show that 85% will prioritize physical gifts, 49% intend to spend over $100 on loved ones, and 60% typically exceed their budgets by up to $500. Notably, credit card usage for holiday shopping has drastically declined from 62% to 35%. The survey highlights budgeting stresses and an emphasis on earlier purchasing and discounts, showcasing Affirm's relevance in offering flexible payment solutions.
Affirm (NASDAQ: AFRM) has expanded its partnership with Amazon to Canada, enhancing payment options for customers shopping on Amazon.ca. This new feature, available in both English and French, allows eligible customers to select Affirm during checkout and undergo a quick, soft credit check without affecting their credit score. Customers can split purchases of $50 or more into monthly payments with no hidden fees or late charges. Affirm aims to deliver transparency and flexibility, building on its success in the U.S. market.
INTERMIX has partnered with Affirm to offer flexible payment options for its designer fashion items, enhancing the shopping experience for customers. Eligible shoppers can choose from various payment plans, including interest-free biweekly payments, ensuring transparency with no hidden fees. This collaboration aims to attract more customers to INTERMIX's exclusive offerings both online and in-store. The partnership also positions INTERMIX within Affirm's extensive network of nearly 14 million consumers and 235,000 merchants, promoting growth for both companies.
Affirm Holdings (NASDAQ: AFRM) invites investors to submit questions ahead of a shareholder fireside chat on September 27, 2022, at 11:00 AM Pacific Time. CFO Michael Linford will engage in discussion moderated by Jason Kupferberg from Bank of America. The event will be streamed live on the Company’s investor relations website.
Shareholders can use Say Technologies’ Q&A platform to submit questions until September 26, 2022, at 6:00 AM Pacific Time. A replay will be available post-event.