Core Insights - Affirm's fiscal second quarter demonstrates the integration of buy now, pay later (BNPL) into everyday commerce, moving beyond occasional large purchases [1] Financial Performance - Gross merchandise volume (GMV) increased by 36% year over year to $13.8 billion, while revenue rose by 30% to $1.1 billion [3] - Active consumers grew by 23% to 25.8 million, with transactions per active consumer increasing by 20% to 6.4, and active merchants expanding by 42% to approximately 478,000 [3] Business Growth Drivers - Growth was fueled by point-of-sale integrations, wallet partnerships, and the direct-to-consumer business, particularly the Affirm Card, which saw direct-to-consumer GMV rise by 52% to $4.3 billion [4] - The Affirm Card's volume surged by 159% to $2.2 billion, with active cardholders more than doubling to 3.7 million, leading to card attach rates of about 14% [4] Zero-Interest Financing - GMV associated with 0% APR products grew by 60%, with over 60% of new customers opting for a 0% option for their first transaction [5] - Nearly 39% of all purchases during the quarter were interest-free, with around 60,000 merchants offering 0% APR deals, nearly quadrupling from the previous year [5] Consumer Credit Health - Thirty-plus-day delinquencies on monthly installment loans were at 2.7%, showing a year-over-year increase but a sequential decrease, while recent cohorts tracked toward approximately 3.5% net charge-offs [9] - Pay-in-4 losses remained below 1% of GMV, and the allowance for credit losses was consistent at 5.4% of loans held for investment [9] Technological Advancements - Affirm's AdaptAI and BoostAI systems are increasingly shaping financing offers and merchant performance, with BoostAI now operational across numerous enterprise merchants and small businesses [11] - BoostAI allows merchants to allocate additional funds for Affirm-specific promotions, optimizing conversion rates through automated A/B testing [12] Strategic Initiatives - Affirm expanded partnerships with major retailers and embedded pay-over-time options into QuickBooks Payments, while also testing rent-related use cases [12] - The company applied for an industrial bank charter to gain regulatory clarity, which is viewed as a long-term investment rather than an immediate growth driver [13] Future Projections - Affirm projected GMV for the current fiscal year to be between $48.3 billion and $48.85 billion, with revenue expected between $4.09 billion and $4.15 billion, indicating a deceleration from recent growth rates [14] - Operating margins are anticipated to improve in the second half of the year, despite a 6% drop in shares during after-hours trading [14] Overall Strategy - The quarter reflects Affirm's deeper penetration into everyday commerce, expanding distribution through the Affirm Card and partnerships, while enhancing automated decision-making processes [15]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Klarna Group plc about a class action lawsuit related to the company's September 2025 IPO, with a lead plaintiff deadline set for February 20, 2026 [1]. Group 1: Class Action Details - Investors who purchased Klarna securities may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lawsuit alleges that the Registration Statement contained false or misleading statements regarding Klarna's loss reserves, which were understated, leading to investor damages when the true information became public [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].

Core Insights - The report indicates that by the end of 2025, the number of internet users in China is expected to reach 1.125 billion, with the internet penetration rate exceeding 80% [1] - Artificial intelligence is being widely applied in sectors such as elderly care and healthcare, with smart robots and equipment providing comprehensive services for the elderly [1] - The commercial year for high-level autonomous driving has begun, with the first batch of L3 conditional autonomous driving vehicles being piloted in Beijing and Chongqing [1] - Breakthroughs in cross-border payment connectivity have made it more convenient for foreign individuals to consume in China, enhancing the attractiveness of inbound tourism [1] Group 1 - The expected internet user base in China will reach 1.125 billion by the end of 2025, with an internet penetration rate surpassing 80% [1] - The application of artificial intelligence in elderly care and healthcare is expanding, with smart robots providing all-around services [1] - The pilot testing of L3 conditional autonomous driving vehicles is taking place in major cities, marking a significant step in the commercialization of advanced driving technology [1] Group 2 - Cross-border payment systems have achieved significant advancements, facilitating easier consumption for foreign visitors in China [1] - The convenience of payment systems is expected to unlock the potential for inbound consumption, further boosting the attractiveness of China's inbound tourism [1]

Affirm Holdings, Inc. (NASDAQ:AFRM) shares slipped in Thursday's extended trading after the company released its second-quarter earnings report Here's a look at the key figures from the quarter. AFRM stock is moving. Watch the price action here.The Details: Affirm reported quarterly earnings of 37 cents per share, which beat the consensus estimate of 30 cents.Quarterly revenue came in at $1.12 billion, which beat the Street estimate of $1.06 billion.GMV (gross merchandise value grew 36% to $13.8 billion. Ac ...

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) ("Affirm†or the "Company†) today reported financial results for its fiscal 2026 second quarter ended December 31, 2025. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the "Quarterly Results†section of the Company's investor relations website at https://investors.affirm.com/. Affirm will host a conference call and webcast to discuss its fin. ...

BILL NYSE BILL Investor Deck February 2026 Safe harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements other than statements of historical facts, and statements in the future tense. Forward-looking statements are based on our expectations as of the date of this presentation and are subject to a number of risks, uncertainties and assumptions, many of which involve factors or circumstances that are beyond ou ...

Company Overview - Payoneer Global Inc. is a financial technology company that facilitates cross-border business growth and global payments [2] - The company provides financial tools and services to millions of businesses, particularly small and medium-sized enterprises (SMBs) in emerging markets, enabling them to connect to the global economy [2] Upcoming Financial Results - Payoneer will report its Fourth Quarter and Full Year 2025 financial results on February 26, 2026, before the market opens [1] - Senior management will host a conference call and earnings webcast at 8:30 a.m. Eastern Time on the same day to discuss the financial results [1] - A live webcast and replay of the event will be available on the Payoneer Investor Relations website [1]

NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Nasdaq will hold its 2026 Investor Day at the company’s Global Headquarters in Times Square, New York. Due to limited capacity, in-person attendance is by invitation only. When: Wednesday, February 25, 2026 8:00 AM – 12:30 PM ETWhere:Webcast registration link: https://edge.media-server.com/mmc/p/u69c26de The agenda, slide presentation and a live webcast will be available on the day of the event on Nasdaq’s IR website: http://ir.nasdaq.com. A replay will be avai ...

Core Insights - SoFi Technologies, Inc. (SOFI) reported strong fourth-quarter 2025 results, with earnings and revenue exceeding expectations, yet the stock declined approximately 9% post-release, indicating a complex market reaction [1][2] Financial Performance - Adjusted earnings per share reached 13 cents, surpassing the Zacks Consensus Estimate by 8.3% and showing a 160% year-over-year improvement, marking the fourth consecutive quarter of exceeding earnings estimates [3] - Quarterly revenues exceeded $1 billion for the first time, beating the Zacks Consensus Estimate by 3.2%, with adjusted net revenues growing at a high double-digit rate year-over-year, reflecting broad-based demand across various business lines [4] - Adjusted EBITDA was $317.6 million, with margins exceeding 30%, indicating efficient scaling of the cost structure [5][7] - Adjusted net income rose to $173.5 million, a 184% increase from the previous year, supported by improved margins and disciplined expense growth [8] Member Growth and Engagement - Total members increased by 35% to 13.7 million, with product growth outpacing member additions at 37%, indicating rising engagement [9] - A significant portion of new products was adopted by existing members, enhancing customer lifetime value and monetization without proportional increases in acquisition costs [10] Revenue Diversification - Fee-based revenues grew by 53%, outpacing overall revenue growth and diversifying income streams, reducing reliance on net interest income [12] - The Loan Platform Business contributed to high-margin revenues, growing 15% year-over-year, while other revenue streams like interchange and brokerage showed healthy momentum [13] Lending Performance - Total loan originations reached a record $10.5 billion, with personal loans being the primary contributor [14] - Credit performance remained stable, with personal-loan charge-offs down 57 basis points year-over-year, reflecting improved overall charge-off trends [15] Technology Platform - The Technology Platform segment achieved steady revenue growth of 19% year-over-year, despite a decline in total enabled accounts, with improved contribution margins indicating a shift towards more profitable relationships [17] Future Outlook - Management's guidance for 2026 indicates continued growth in revenues, earnings, and margins, with adjusted net revenues projected at approximately $4.66 billion, reflecting around 30% year-over-year growth [19] - Adjusted EBITDA is expected to reach roughly $1.6 billion, with an EBITDA margin of about 34%, and adjusted net income projected at approximately $825 million [20] - For Q1 2026, management anticipates adjusted net revenues of about $1.04 billion and adjusted EBITDA of around $300 million, suggesting steady performance following a strong finish to 2025 [21] Investment Position - Despite strong fundamentals and operational momentum, the post-earnings stock pullback suggests that much of the progress was anticipated, positioning SoFi as a hold at current levels [22]

Financial Data and Key Metrics Changes - Tradeweb achieved record revenues of $521 million in Q4 2025, reflecting a 12.5% year-over-year increase on a reported basis and a 9.9% increase on a constant currency basis [24] - Annual revenue for 2025 reached over $2 billion for the first time, marking a 19% growth compared to the previous year [9][5] - Adjusted EBITDA margin for 2025 was 54%, an increase of 64 basis points compared to 2024 [26] Business Line Data and Key Metrics Changes - Rates business produced record revenue in Q4, driven by organic growth in swaps, global government bonds, and mortgages [8] - Credit growth was led by strong performance in European credit, municipal bonds, and emerging market credit, while U.S. credit revenues fell due to a decline in retail corporate credit [16] - Other revenues surged by over 90% year-over-year, primarily from emerging digital asset initiatives [9] Market Data and Key Metrics Changes - International clients contributed approximately 42% of Q4 revenues, with Asian client revenues growing over 35% and European client revenues increasing over 25% [11][24] - U.S. Treasury revenues increased modestly by 1% year-over-year despite a 27% decline in intraday volatility [12] Company Strategy and Development Direction - The company aims to continue investing in technology and innovation, particularly in digital assets and expanding its market presence [10][33] - Tradeweb is focused on enhancing its electronic trading capabilities and deepening client connectivity across global markets [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing strong issuance activity across various sectors and the potential for increased trading due to AI-driven infrastructure investments [38][39] - The company anticipates continued growth in its international business and a favorable market environment for rates trading [46][49] Other Important Information - The board declared a quarterly dividend of $0.14 per share, a 17% increase year-over-year, and announced a new share repurchase program for up to $500 million [32][33] - Tradeweb's investments in technology over the past five years exceeded $600 million, with a focus on shaping the future of electronic markets [12] Q&A Session Summary Question: Outlook for the market in 2026 and revenue growth in January - Management highlighted a conducive market environment with strong primary activity and AI-driven infrastructure investments leading to a 17% year-over-year revenue growth in January [42][46] Question: Utilization of AI across the Tradeweb platform - Management discussed the integration of AI in enhancing efficiency and effectiveness, focusing on predictive AI models to unlock electronification in less liquid markets [58][61] Question: Outlook for the mortgage trading business - Management indicated a strong outlook for the mortgage business, driven by increasing primary issuance and potential lower rates, with revenues up 15% in January [72][76]