Affirm

Following Other Online Providers, Affirm Boosts APY on Savings Accounts

Following Other Online Providers, Affirm Boosts APY on Savings Accounts
Following Other Online Providers, Affirm Boosts APY on Savings Accounts
September 01, 2022  |  Digital Banking

Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. Get the...

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Affirm and Zoom’s Post-Earnings Slumps Haul CE100 Lower by 3.7%
Affirm and Zoom’s Post-Earnings Slumps Haul CE100 Lower by 3.7%
August 29, 2022  |  Connected Economy

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Chinese FinTech Stocks Climb; US Lenders Tumble
Chinese FinTech Stocks Climb; US Lenders Tumble
August 28, 2022  |  Stock Index

In the past week, three of the biggest gainers in financial stocks have been Chinese FinTechs, boosted by an agreement that gives U.S. authorities access...

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Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
August 26, 2022  |  Buy Now Pay Later

At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the...

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Affirm’s Results Re-Affirm: BNPL Is Here to Stay, but Growth to Slow
Affirm’s Results Re-Affirm: BNPL Is Here to Stay, but Growth to Slow
August 25, 2022  |  BNPL

They may have startled Wall Street investors, but for consumers, merchants and retailers, Affirm’s results are the latest affirmation that the seismic shift towards buy...

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FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
August 22, 2022  |  Fintech Investments

FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Get the...

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Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
Shopify, Roblox Worries Over Consumers Drag CE100 Shopping Sector Down 8%
August 22, 2022  |  Connected Economy

The Connected Economy 100 (CE100) Index lost 5.4% on the week, far outstripping the 2.2% loss in the Nasdaq and the roughly 1.1% decline in...

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Summer Vacation’s Back, and Buy Now, Pay Later Along for the Ride
Summer Vacation’s Back, and Buy Now, Pay Later Along for the Ride
August 17, 2022  |  Travel Payments

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Today in the Connected Economy: The Pros and Cons of Walmart’s Grocery Gains
Today in the Connected Economy: The Pros and Cons of Walmart’s Grocery Gains
August 16, 2022  |  Connected Economy

Today in the connected economy, Walmart sees pluses and minuses as consumers turn to its grocery sales to combat inflation. Plus, BigCommerce deepens its relationship...

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