Affirm wants the U.S. to find ways to cap late fees on pay-later loans. In an interview with the Financial Times (FT) published Tuesday (Oct. 21), Affirm co-founder/CEO Max Levchin said limits on fees for late buy now, pay later (BNPL) payments would let leaders...
Welcome to the second half of 2025. Quite a ride so far, and as it continues, we wanted to take stock of the chief executives that offer perspective on the trends, challenges and opportunities shaping global finance. In the first half of 2025, PYMNTS has...
Anywhere you looked, from mid-April to this week, as earnings season stretched out over the weeks, it was impossible not to hear and read about the impact of artificial intelligence (AI). The recent spate of earnings reports from lending and insurance platforms offer up evidence...
In its fiscal third quarter, Affirm’s gross merchandise value jumped double digits, all but one spending category showed gains, underscoring the appeal of paying over time, and 1.8 million new consumers transacted within the platform’s growing ecosystem. But guidance that implies at least some deceleration...
November 06, 2025
Affirm opened fiscal 2026 with a first quarter marked by record volumes, profitable growth and an extended partnership with Amazon, which has now been given an additional five years (to January 2031). Gross merchandise volume rose 42% to $10.8 billion, revenue increased 34% to $933 million, per company materials released after the bell on Thursday, […]
June 19, 2025
Welcome to the second half of 2025. Quite a ride so far, and as it continues, we wanted to take stock of the chief executives that offer perspective on the...
May 08, 2025
In its fiscal third quarter, Affirm’s gross merchandise value jumped double digits, all but one spending category showed gains, underscoring the appeal of paying over time, and 1.8 million new...
February 06, 2025
A strong holiday shopping season, coupled with the continued momentum of buy now, pay later (BNPL) options and zero interest rates, helped push Affirm Holding’s gross merchandise volumes higher. And...
October 21, 2025
Affirm wants the U.S. to find ways to cap late fees on pay-later loans. In an interview with the Financial Times (FT) published Tuesday (Oct. 21), Affirm co-founder/CEO Max Levchin said limits on fees for late buy now, pay later (BNPL) payments would let leaders focus on their underwriting models rather than banking on missed […]
September 19, 2024
Retailers are increasingly interested in offering buy now, pay later (BNPL) options to consumers, Affirm CEO Max Levchin said Thursday (Sept. 19). More shoppers are using BNPL to finance their spending, so...
September 16, 2024
Buy now, pay later (BNPL) network Affirm is now available for Apple Pay users. The integration, announced Monday (Sept. 16), lets Apple Pay users in the U.S. pay for purchases...
December 07, 2023
Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to make purchases and pay for...
