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Fashion Retailer Revolve Expands Affirm's Flexible Payment Options to Canada and UK
PYMNTS.com· 2025-12-16 23:01
Core Insights - Revolve Group has expanded its partnership with Affirm to offer flexible payment options to shoppers in Canada and the United Kingdom, building on their existing collaboration in the United States [2][4] - Eligible shoppers can now utilize Affirm's pay-over-time feature for a range of products including apparel, footwear, accessories, and beauty items [2][3] Company Strategy - The co-founder and co-CEO of Revolve Group, Mike Karanikolas, emphasized that the expansion aligns with the company's commitment to enhancing the customer journey through curated shopping experiences and transparent payment options [4] - Karanikolas highlighted that payment flexibility is integral to providing a premium shopping experience, which was previously introduced in the U.S. market [4] Market Impact - Affirm's Chief Revenue Officer, Wayne Pommen, noted that the partnership has already provided U.S. customers with greater choice and clarity, and the expansion into Canada and the U.K. will further enhance this experience [5] - Affirm reported a 30% year-over-year growth in fashion and beauty purchases on its network for the quarter ending September 30, indicating strong demand for its services [6]