Just days after Walmart's NYSE: WMT decision to partner exclusively with its rival, Klarna, Affirm announced a significant new partnership with J.P. Morgan Payments.
Today, I will walk us through the implications of the recent Klarna-Walmart deal. For those just tuning in, Klarna recently captured Affirm's contract with Walmart, resulting in Affirm losing its Walmart business. I will explore this development in detail with you.
Fintech giant Affirm Holdings Inc (NASDAQ:AFRM) is 3% lower to trade at $46.87 this afternoon, heading for a third consecutive loss and adding more weight to its already steep 28.3% year-to-date deficit.
U.S. merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according to Affirm.
SAN DIEGO , March 25, 2025 /PRNewswire/ -- FuturHealth , a leading provider of personalized weight-loss solutions, today announced the launch of Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Now approved FuturHealth customers can use Affirm's flexible, transparent pay-over-time options to purchase medications, including branded GLP-1 option...
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today that it is deepening its multi-year agreement with J.P. Morgan Payments. The agreement will make Affirm's solutions available to J.P. Morgan Payments' network of merchants, enabling U.S. merchants using Commerce Platform to offer Affirm's flexible ...
Affirm Holdings Inc. NASDAQ: AFRM, a major player in the Buy Now, Pay Later (BNPL) sector, recently experienced stock market volatility due to Walmart's NYSE: WMT decision to replace them with Klarna as its exclusive BNPL provider.
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