BUZZ-Affirm Holdings rises after J.P. Morgan Payments deal

Reuters
25 Mar
BUZZ-Affirm Holdings rises after J.P. Morgan Payments deal

** Buy now, pay later company Affirm Holdings' AFRM.O shares rise 1.4% to $53.32

** AFRM says it is deepening its multi-year agreement with J.P. Morgan Payments to deliver pay-over-time plans at checkout

** U.S. merchants using J.P. Morgan Payments’ commerce platform will be able to offer its customers the BNPL services of AFRM for purchases ranging between $35 and $30,000

** AFRM shares dipped last week after Swedish payments firm Klarna said it is partnering with consumer finance app OnePay to offer installment loans for purchases at Walmart in the U.S.

** As of last close, AFRM down nearly 14% YTD

(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10