Affirm Expands Merchant Network: But Is Revenue Growth Keeping Up?

Key Takeaways AFRM's active merchant network rose 30% YoY to 419,000 in Q1 FY26.Revenues grew 34% YoY as AFRM expands its reach across travel, electronics, fashion and home goods.Initiatives like the Affirm Card support higher engagement and repeat usage among consumers.Affirm Holdings, Inc. (AFRM) is rapidly expanding its network of merchants, solidifying its position in the buy now, pay later (BNPL) landscape. From travel to electronics, clothing to home goods and fashion, the company continues to form pa ...