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Affirm Holdings ( (AFRM) ) has provided an announcement.
On February 14, 2025, Affirm, Inc., a subsidiary of Affirm Holdings, Inc., entered into a new Global Customer Installment Program Agreement with Shopify Inc., replacing the previous agreement. This partnership makes Affirm the exclusive provider of Shop Pay Installments in the U.S. and Canada and aims to expand into new markets, including the U.K. The agreement, effective for an initial three-year term, enhances Affirm’s market positioning by broadening its reach and maintaining exclusivity with Shopify, impacting stakeholders by potentially increasing merchant adoption and consumer usage globally.
More about Affirm Holdings
Affirm Holdings, Inc. operates as a payment network that aims to empower consumers and help merchants drive growth by providing honest financial products. It offers unique financial solutions that prioritize transparency and trust, avoiding the typical late or hidden fees associated with credit cards. Affirm partners with thousands of businesses to facilitate responsible spending and saving, enhancing growth opportunities for merchants.
YTD Price Performance: 22.19%
Average Trading Volume: 6,986,018
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $25.76B
See more insights into AFRM stock on TipRanks’ Stock Analysis page.
