Affirm Holdings will lose its exclusive role providing installment loans for Walmart as Klarna partners with OnePay. Yesterday, Goldman Sachs analyst lowered AFRM's price target from $90 to $50, then ...
We discuss the investment implications of Klarna capturing Walmart's contract from Affirm. Click here to find out why AFRM ...
“We felt like it was important to draw the line and not do deals that we thought were uneconomic,” Linford told analyst Andrew Jeffrey. Walmart, which Affirm first partnered with in ...
CompanyOverview|NASDAQ:AFRM] Affirm Holdings Inc. (NASDAQ: AFRM), a leader in the growing buy now, pay later (BNPL) market, ...
Walmart’s former exclusive BNPL partner was Affirm, Klarna’s main rival in the space—and investors seem to think that the major new deal isn’t looking so good for Affirm. In a filing with ...
On Thursday, Affirm's Linford said it's a "mistake" to place the Walmart/Klarna deal into a larger context about Klarna and Affirm's rivalry. "This is a very specific situation," he said. Affirm was ...
Meanwhile, San Francisco-based Affirm announced Tuesday its pay-over-time offerings will be available to U.S. merchants using ...
The partnership with Walmart is one that rival Affirm had previously owned. Klarna will provide the loans to Walmart customers through OnePay, a fintech startup in which it owns a majority stake ...
The exclusive deal with Walmart means Affirm will no longer provide loan installment services for the retailer. Affirm has been offering installment loan services exclusively to Walmart customers ...
The deal will likely serve as a strategic move for Affirm as its timing allows the company to react directly to its partnership loss with Walmart. The strategic importance of the JPMorgan Payments ...
Financial services provider for shoppers and merchants, Affirm Holdings Inc (NASDAQ:AFRM) competitor Klarna announced a partnership with OnePay to offer installment loans at Walmart Inc (NYSE:WMT).