Affirm Holdings, Inc. (AFRM) recently announced its collaboration with a Canadian travel agency — FlightHub. The deal enables Affirm to provide flexible and transparent payment options, like buy now pay later (BNPL), to eligible consumers for travel bookings, which will boost its transaction volumes.AFRM’s business model of not charging any late or hidden charges further enhances its offerings. This partnership is an extension of AFRM’s existing partnership with FlightHub in the United States.The deal comes ...

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry must abide by the same federal protections as users of credit cards.The agency unveiled what it called an "interpretive rule" that deemed BNPL lenders essentially the same as traditional credit card providers under the decades-old Truth in Lending Act.That means the indust ...

This volatile fintech stock is trading at a discount to its IPO price.Affirm (AFRM -2.27%) attracted a stampede of bulls when it went public on Jan. 13, 2021. The buy now, pay later (BNPL) services provider priced its IPO at $49, and its shares soared to an all-time high of $168.52 on Nov. 4, 2021.At the time, investors were dazzled by Affirm's explosive growth rates and its disruptive potential. By breaking up larger purchases into smaller installments through microloans, Affirm's BNPL platform was an appe ...

Affirm Holdings, Inc. (NASDAQ:AFRM) JPMorgan Global Technology, Media and Communications Conference Call May 21, 2024 10:50 AM ET Company Participants Michael Linford - Chief Financial Officer Conference Call Participants Reginald Smith - JPMorgan Reginald Smith Good morning. Thanks for coming out. I'm Reggie Smith. I lead fintech research here at JPMorgan and I am pleased to chat with Michael Linford, CFO of Affirm, this morning. Welcome. Michael Linford Thank you for having me. Question-and-Answer Session ...

Affirm Holdings, Inc. (NASDAQ:AFRM) JPMorgan Global Technology, Media and Communications Conference Call May 21, 2024 10:50 AM ET Company Participants Michael Linford - Chief Financial Officer Conference Call Participants Reginald Smith - JPMorgan Reginald Smith Good morning. Thanks for coming out. I'm Reggie Smith. I lead fintech research here at JPMorgan and I am pleased to chat with Michael Linford, CFO of Affirm, this morning. Welcome. Michael Linford Thank you for having me. Question-and-Answer Session ...

This misunderstood fintech is loaded with potential upside.Buy Now, Pay Later company Affirm (AFRM -2.37%) is one of the more hotly debated stocks on Wall Street. How can investors trust a business seemingly losing money while competing in a new and growing (but crowded) industry?Yet, the stock has risen like a phoenix from the fire, surging over 150% these past 12 months. Is Wall Street simply being irrational, or is there something to this? I decided to dig into the business to uncover why Affirm's long-t ...

After reaching an important support level, Affirm Holdings (AFRM) could be a good stock pick from a technical perspective. AFRM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Shares of AF ...

Affirm Holdings (AFRM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this operator of digital commerce platform have returned +0.6%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Business - Services industry, which Affirm Holdings falls in, has lost 0%. The key question now is: What could be the stock's futur ...

Although tech stocks carried major market indices over the past few years, all isn’t well in tech-land. Whether due to interest rates, increased AI enthusiasm that’s somewhat misplaced, or just wider tech fatigue, tech stocks seem due for a dip. These are the tech stocks to eject that you need to evacuate from your portfolio. Of course, not all tech stocks are created equally. Some are truly products of their time, offering a unique value proposition that’s made irrelevant by consumer or economic changes, o ...

Affirm Holdings, Inc. (NASDAQ:AFRM) Barclays 14th Annual Emerging Payments and FinTech Forum May 15, 2024 2:25 PM ET Company Participants Brooke Major-Reid - Chief Capital Officer Robert O'Hare - SVP, Finance Conference Call Participants Ramsey El-Assal - Barclays Ramsey El-Assal All right. Our next fireside chat of the day is with the Brooke Major-Reid, Chief Capital Officer; and Robert O'Hare, SVP Finance of Affirm. Brooke and Rob, thank you for being here again. Pleased to have you. Brooke Major-Reid Tha ...