Key Takeaways AFRM's Q3 transaction count rose 46% YoY, supported by proprietary tech and risk management systems. 0% APR monthly instalment GMV rose 44% YoY, boosting volume but pressuring AFRM's interest-based income. AFRM aims to offset lower margins with higher merchant fees and stronger borrower quality.Affirm Holdings, Inc. (AFRM) has developed a robust system to handle a higher number of transactions by leveraging its proprietary technology infrastructure, deep data capabilities and efficient risk ...