1021 ET - Affirm still has some Walmart business after the retailer replaced it with Swedish-based Klarna. Affirm says in a filing that Walmart continues to use Affirm's pay-over-time products, which are also provided through its direct-to-consumer products, the Affirm app and card. OnePay, a fintech company majority owned by Walmart, announced that it had selected Klarna, to offer installment loan financing to customers of OnePay at Walmart beginning later this year. Klarna says the partnership will give Walmart's weekly U.S. customers and members flexible payment options for thousands of items both online and in stores--and will be directly integrated inside Walmart at checkout this year. Affirm Holdings tumbles 14%. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 17, 2025 10:22 ET (14:22 GMT)
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