AFRM emphasizes that its BNPL services remain available through direct-to-consumer channels, including the Affirm Card.
CNBC's Hugh Son joins 'Closing Bell Overtime' to talk Klarna and Walmart's OnePay deal.
This morning, news broke that the fast-credit fintech company Klarna has deposed its competitor Affirm as Walmart's exclusive provider of “Buy Now, Pay Later” (BNPL) loans.
Affirm (AFRM) shares are tumbling Monday morning after rival Klarna, which is preparing to go public in the U.S., said it is now the exclusive provider of Buy Now, Pay Later (BNPL) loans for Walmart (WMT).
Affirm (NASDAQ:AFRM) shares plunged after it was announced the company's rival Klarna has secured a significant partnership with Walmart, replacing Affirm as the retail giant's exclusive buy now, pay later provider. Klarna will partner with OnePay, a Walmart-backed consumer finance app, to offer installment loans for purchases at Walmart stores and online platforms in the US.
Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.
Affirm stock fell after rival buy now, pay later firm Klarna grabbed retailer Walmart as a customer. Klarna has filed for an IPO.
Swedish fintech Klarna will become the exclusive buy-now-pay-later provider at Walmart in the U.S., replacing rival Affirm.
Five cloud computing stocks have strong earnings and revenue growth potential for 2025. These are: FIVN, ANET, AFRM, BAH, OLO.
BKV, AFRM, ESE, FHB and TKOMY have been added to the Zacks Rank #1 (Strong Buy) List on March 13, 2025.
Affirm Holdings, Inc. (NASDAQ:AFRM ) Wolfe Research FinTech Forum March 11, 2025 3:20 PM ET Company Participants Rob O'Hare - Chief Financial Officer Conference Call Participants Darrin Peller - Wolfe Research LLC Darrin Peller Okay. All right, guys.
AFRM provides StockX shoppers access to flexible payment plans in a bid to expand its merchant partner network.