Affirm Card GMV Jumps 115%, Says It Can Weather ‘Recession Scenario'

Highlights Affirm saw significant growth in its fiscal third quarter, with gross merchandise value (GMV) and revenues both increasing 36% year over year to $8.6 billion and$783 million, respectively, though guidance suggests a slight deceleration in growth rates ahead.  Shares slipped in after-hours trading. The Affirm Card demonstrated strong performance, with its GMV surging 115% year over year to $807 million and reaching 2 million active cardholders. Affirm expressed confidence in its ability to ...