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. reports news about its pay-over-time payment network, consumer installment loans, and merchant partnerships. The company offers zero-interest financing and interest-bearing loans on a per-transaction basis, with products distributed through merchants, the Affirm app, and the Affirm Card. Company updates commonly cover quarterly shareholder letters, gross merchandise volume, revenue trends, loan economics, and non-GAAP performance measures.
Affirm news also includes product and channel developments such as 0% APR shopping events, integrations with payment platforms, Canadian merchant partnerships, and investor presentations. Recurring disclosures describe how Affirm connects consumers and businesses through repayment plans without late or hidden fees.
Affirm (AFRM) and Costco (COST) have announced a multi-year partnership that introduces Affirm's buy-now-pay-later service on Costco.com for U.S. customers. The partnership enables Costco members to split payments for purchases between $500 to $17,500 into monthly installments, with transparent pricing and APR discounts. This new payment option comes after Costco reported approximately $250 billion in consumer spending across its warehouses and online platforms in fiscal year 2024. The service features no late or hidden fees, requires a quick eligibility check, and is particularly aimed at larger purchases such as outdoor furniture, appliances, and seasonal items.
Affirm (NASDAQ: AFRM) has announced a strategic partnership with Mattress Firm, the largest mattress specialty retailer in the United States. The collaboration enables customers to use Affirm's flexible payment solutions both online at MattressFirm.com and across 2,200+ Mattress Firm stores nationwide.
The integration comes ahead of Mattress Firm's Memorial Day sale. Customers can access biweekly and monthly payment plans with 0% APR options and no late or hidden fees. The application process is streamlined: in-store customers receive a smartphone link from associates, while online shoppers can select Affirm at checkout, followed by a quick eligibility check.
This partnership expands Affirm's merchant network while providing Mattress Firm customers with transparent financing options for their sleep-related purchases.World Market has partnered with Affirm (AFRM) to offer flexible payment options across its nearly 250 retail locations and online platform. The partnership enables customers to access biweekly or monthly payment plans with rates starting at 0% APR and terms up to 36 months, without any late or hidden fees.
Customers can utilize Affirm's services by scanning QR codes in-store or selecting Affirm at online checkout. After a quick eligibility check, approved customers receive personalized payment plans. World Market joins Affirm's extensive network of over 358,000 retail partners, including major brands like Amazon, Williams Sonoma, Pottery Barn, and West Elm.
Affirm (AFRM) has announced a strategic long-term global partnership with UATP, a global payment network owned by airlines. The collaboration integrates Affirm's pay-over-time options into UATP's network of airlines, rail carriers, and travel agencies across the US, UK, and Canada. Affirm reported 40% year-over-year growth in travel and ticketing as of December 2024.
Through this partnership, customers will have access to interest-free installments and flexible payment plans up to 36 months with rates starting at 0% APR, without late or hidden fees. The integration aims to tap into the $11 trillion global travel market. Merchants using Affirm have reported 70% higher average order values and 28% fewer abandoned carts, with over 90% of transactions coming from repeat users.
Affirm has launched AdaptAI, an AI-powered promotions platform that delivers personalized financial benefits to customers at checkout. The platform enables merchants to offer tailored promotions including exclusive APR rates, special repayment terms, and instant cash savings.
Unlike traditional credit card rewards, AdaptAI dynamically matches benefits to consumers in real-time. For example, on a $500 purchase, first-time shoppers might receive a 0% APR over 12 months, saving approximately $120 in interest compared to typical credit cards. Loyal customers could access 24-month payment plans at 10% APR during special events like Memorial Day sales.
The technology has already proven successful through Affirm's consumer products, driving nearly 10% improvement in conversion rates. This AI-driven approach helps merchants boost customer satisfaction and loyalty while providing consumers with immediate, transparent value at purchase time.
Affirm, the payment network focused on consumer empowerment and merchant growth, has announced its participation in three major upcoming investor conferences in 2025.
Key conference appearances include:
- J.P. Morgan Global Technology Conference (May 13) - COO Michael Linford will join a fireside chat at 4:30pm ET in Boston
- William Blair Growth Stock Conference (June 5) - COO Michael Linford will present at 11:20am CT in Chicago
- Nasdaq London Investor Conference (June 11) - CFO Rob O'Hare and Head of IR Zane Keller will attend in London
The first two events will feature live webcasts available on Affirm's investor relations website, with replay options available for a limited time after each conference.
Affirm Holdings (NASDAQ: AFRM) and WooCommerce have expanded their partnership to the United Kingdom, enabling UK merchants to offer Affirm's flexible payment solutions at checkout. This expansion follows Affirm's UK launch in November 2024 and their December 2024 North American partnership extension.
The integration allows over 170,000 UK WooCommerce merchants to provide customers with customizable payment plans without hidden or late fees. Independent retailer Bedworld is among the first UK businesses implementing Affirm's pay-over-time solutions through the WooCommerce platform.
This partnership expansion represents a continuation of the collaboration between Affirm and WooCommerce that began in 2015, focusing on providing flexible payment options to help small and midsized businesses grow and enhance customer experience.
Affirm Holdings (NASDAQ: AFRM) and TransUnion (NYSE: TRU) announced the expansion of credit reporting for all Affirm's pay-over-time products. Starting May 1, 2025, all Affirm loans, including Pay in 4 and longer-term monthly installments, will be reported to TransUnion.
While these transactions will initially appear on TransUnion credit files without impacting traditional credit scores or being visible to lenders, future credit scoring models may incorporate this information to support more informed lending decisions and help consumers build credit histories.
TransUnion's research indicates strong potential adoption, with 40% of non-users likely to use buy now, pay later services, increasing to 53% if it could positively impact credit scores. The partnership aims to make Affirm's financial products more mainstream while maintaining their no-late-fees and transparency policies.
Affirm (NASDAQ: AFRM) and Shopify announced the expansion of Shop Pay Installments beyond the US market. The partnership launches first in Canada with early access, followed by general access in Canada and the UK this summer. Future expansion plans include Australia and Western Europe, specifically France, Germany, and Netherlands.
Shop Pay Installments, powered exclusively by Affirm, allows merchants to offer flexible payment options to shoppers, including biweekly and monthly payment plans with rates starting at 0% APR, without late or hidden fees. The service can be easily activated through the Shopify admin dashboard without additional technical integration.
The expansion will enable cross-border commerce capabilities between the US, Canada, and UK. Since its 2021 launch in the US, Shop Pay Installments has attracted millions of active users across Shopify's merchant network.