Shares of Affirm Holdings Inc. rallied Tuesday, after the provider of buy-now-pay-later payment options disclosed a partnership with Apple Inc.
The payments company says it doesn't expect the partnership to have a material impact on revenue or gross merchandise volume in fiscal year 2025.
Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday. Affirm will surface as an option for Apple Pay users on iPhones and iPads later this year.
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Zacks.com users have recently been watching Affirm Holdings (AFRM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Affirm (AFRM) witnesses growth in cart conversion within its app following the introduction of the two payment options, signaling high demand.
Affirm Holdings (AFRM) is currently riding on growth in its active merchant base and consumers.
Affirm (AFRM) expands its partnership with Alterra in a bid to reach more customers in the United States and Canada.
Affirm Holdings Inc. is introducing new installment options to add flexibility and benefit customers who get paid semimonthly or monthly.
Buy now, pay later (BNPL) provider Affirm has launched two new payment options. The company on Thursday (June 6) announced the debt of Pay in 2 and Pay in 30, designed to offer customers more flexibility and affordability.
Contracting economic activity in the manufacturing sector and labor market constraints make the prospects gloomy for the Zacks Business Services industry. Rising service activities and growing technology adoption being the saving graces, AFRM, MITFY and SGRP are likely to be the frontrunners.
Affirm (AFRM) is expected to leverage its partners' penetration rate in the U.K. and other significant markets in Europe to further boost its GMV.