Affirm said Wednesday (March 19) that it plans to begin furnishing information about all of its payment plans to Experian on April 1.This move will expand Affirm’s credit reporting to Experian to include its pay-over-time products, in addition to the monthly installments of longer-term loans that it already reports to the credit reporting agency, according to a Wednesday press release.The payment plan types that are not currently shared with Experian, but will be when originated on or after April 1, include ...

NEW YORK, March 18, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Affirm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On March 17, 2025, th ...

Group 1 - Affirm Holdings, Inc. (AFRM) shares fell 4.2% following Klarna's announcement as the exclusive provider of buy now, pay later (BNPL) loans for Walmart Inc. (WMT) in the U.S. this year [1] - Klarna is preparing for an IPO, aiming to raise over $1 billion at a valuation exceeding $15 billion [1] - Klarna's BNPL services will be integrated with OnePay, a Walmart-backed fintech firm, which is already available at Walmart's checkouts [2][3] Group 2 - Affirm is currently a BNPL partner for Walmart, but will lose exclusivity to Klarna, which accounted for approximately 5% of Affirm's GMV and 2% of its adjusted operating income in the second half of last year [4] - Despite the loss of the Walmart partnership, Affirm's BNPL services will still be available through direct-to-consumer channels [4] - Over the past year, Affirm's shares have increased by 40.2%, outperforming the industry growth of 8.6% [5]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Affirm Holdings, Inc. (AFRM) recently teamed up with StockX, a global resale marketplace for current culture products. Through this collaboration, eligible StockX shoppers in the United States can now take advantage of Affirm’s flexible payment plans when purchasing highly sought-after items from top brands such as adidas, Supreme, Gucci and more. With this new feature, eligible shoppers can opt for Affirm’s biweekly or monthly payment plans at checkout. The process remains a seamless one, wherein customers ...

Buy now, pay later (BNPL) provider Affirm has teamed with resale marketplace StockX.The collaboration, announced Monday (March 10), lets eligible StockX shoppers in the U.S. access Affirm’s payment plans when purchasing products from brands such as adidas, Supreme and Gucci.“At StockX, we’re always looking for ways to enhance the customer experience and ensure our community has access to the world’s most sought-after brands. Affirm’s range of flexible pay-over-time options, including longer-term plans, give ...

Group 1 - Affirm (NASDAQ: AFRM) is part of a unique category of pandemic-era stocks that have exceeded negative expectations following the tech stock crash in 2022 [1] - Investors are showing renewed interest in Affirm, indicating a potential recovery in its stock performance [1] - The company is associated with Julian Lin, a financial analyst who focuses on identifying undervalued companies with long-term growth potential [1] Group 2 - Julian Lin leads the investing group Best Of Breed Growth Stocks, which emphasizes stocks with a high probability of delivering significant alpha compared to the S&P 500 [1] - The investment strategy combines growth-oriented principles with strict valuation criteria to enhance the margin of safety [1] - The group offers features such as exclusive access to high-conviction stock picks, comprehensive research reports, real-time trade alerts, and macro market analysis [1]

Industry Overview - The mobile payments market is experiencing rapid growth due to the shift from cash to digital transactions, driven by convenience and security [1] - Increased internet penetration and smartphone usage are contributing to the adoption of digital payments, transforming everyday transactions [3] - The industry is diversifying with contactless payment options such as mobile wallets, biometrics, and QR codes to enhance customer engagement and income streams [4] Market Trends - The convergence of digital solutions and physical transactions is reshaping e-commerce and online purchases, with 5G technology enhancing contactless payment capabilities [5] - The segment is expected to thrive as digital wallets and mobile-first systems become dominant in the market [6] Recommended Stocks - Five mobile payments stocks are recommended for long-term investment: Affirm Holdings Inc. (AFRM), American Express Co. (AXP), PayPal Holdings Inc. (PYPL), Visa Inc. (V), and JPMorgan Chase & Co. (JPM) [2][7] Company Insights Affirm Holdings Inc. (AFRM) - Affirm's fiscal second-quarter 2025 earnings exceeded estimates, driven by diverse income streams and partnerships [10][11] - Expected revenue and earnings growth rates for the current year are 36.9% and 89.2%, respectively, with a long-term EPS growth rate of 36.2% [12] American Express Co. (AXP) - American Express is focusing on growth initiatives and targeting Millennials and Gen-Z consumers, which is expected to enhance long-term growth [13][14] - The expected revenue and earnings growth rates for the current year are 8.7% and 14.8%, respectively, with a long-term EPS growth rate of 13.6% [15] PayPal Holdings Inc. (PYPL) - PayPal is benefiting from robust growth in total payment volume and strengthening customer engagement, with a focus on peer-to-peer transactions [16][17] - Expected revenue and earnings growth rates for the current year are 3.7% and 8%, respectively, with a long-term EPS growth rate of 11.7% [18] Visa Inc. (V) - Visa's fiscal 2025 first-quarter earnings beat estimates, supported by strategic acquisitions and a strong shift to digital payments [19][20] - Expected revenue and earnings growth rates for the current year are 10.2% and 12.4%, respectively, with a long-term EPS growth rate of 13.4% [22] JPMorgan Chase & Co. (JPM) - JPMorgan Chase is expanding its branch network and focusing on strategic buyouts, with strong loan demand expected to support its net interest income [23][24] - Expected revenue and earnings growth rates for the current year are -2.8% and -8.2%, respectively, with a long-term EPS growth rate of 5.2% [26]

Market Overview - U.S. stock markets experienced a significant rally in 2024 following a strong bull run in 2023, but faced a downturn in February 2025 with major indexes declining: Dow by 1.6%, S&P 500 by 1.4%, and Nasdaq Composite by 4%, marking its worst month since April 2024 [1] - Concerns regarding the Trump administration's tariff and trade policies and their potential impact on U.S. economic growth and inflation persist [2] - Geopolitical conflicts in the Middle East and other regions have also raised concerns, contributing to a decline in consumer confidence and sentiment indexes in February [3] Stock Performance and Recommendations - Despite the market downturn, certain stocks are expected to maintain momentum in March, with five stocks identified as having strong potential for double-digit returns: Affirm Holdings Inc. (AFRM), AppLovin Corp. (APP), Robinhood Markets Inc. (HOOD), Carvana Co. (CVNA), and Sprouts Farmers Market Inc. (SFM) [4][5] Affirm Holdings Inc. (AFRM) - Affirm Holdings reported fiscal Q2 2025 earnings that significantly exceeded consensus estimates, driven by diverse revenue streams including merchant network fees and interest from loans [7] - Key partnerships, such as with Apple Pay and Hotels.com, and expansion into the UK are expected to enhance growth [8] - Expected revenue and earnings growth rates for the current year are 36.9% and 89.2%, respectively, with a short-term price target indicating a potential upside of 40.3% [9][10] AppLovin Corp. (APP) - AppLovin operates a software platform for mobile app developers, showing strong fundamentals and growth potential, with Q4 adjusted EPS of $1.73 beating estimates [11][12] - The company has an expected revenue and earnings growth rate of 20.4% and 51.7%, respectively, with a short-term price target suggesting a maximum upside of 99.5% [13][14] Robinhood Markets Inc. (HOOD) - Robinhood provides a financial services platform allowing users to invest in various assets, with anticipated growth in trading revenues due to increased retail participation [15][16] - Expected revenue and earnings growth rates for the current year are 25.3% and 38.5%, respectively, with a price target indicating a potential upside of 110% [17] Carvana Co. (CVNA) - Carvana's acquisition of ADESA's U.S. operations enhances its logistics and auction capabilities, positioning it for growth in the used car market [18][19] - Expected revenue and earnings growth rates for the current year are 22.1% and 97.5%, respectively, with a price target suggesting a maximum upside of 50.2% [20] Sprouts Farmers Market Inc. (SFM) - Sprouts Farmers focuses on product innovation and e-commerce, leading to better-than-expected Q4 results and a positive outlook for 2025 [21][22] - Expected revenue and earnings growth rates for the current year are 12.1% and 21.6%, respectively, with a price target indicating a potential upside of 34.8% [23]

Core Insights - Affirm Holdings, Inc. has partnered with Stitch Fix, Inc. to provide flexible pay-over-time options for fashion purchases, expanding its network to over 337,000 merchants as of December 31, 2024 [1][2] Industry Trends - There is a rising demand for buy now, pay later (BNPL) solutions in the fashion industry, with Affirm reporting a 20% year-over-year growth in fashion sales from October to December [2] - Over the past six months, more than 45 fashion merchants have joined Affirm's network, indicating a trend towards financial flexibility among consumers [2] Company Performance - Stitch Fix aims to leverage Affirm's transparent payment plans to drive higher sales and larger order values, especially after experiencing an 18.6% year-over-year decline in active clients to 2.43 million [3] - Affirm's Gross Merchandise Value (GMV) increased by 34.7% year over year to $10.1 billion, driven by strong sales in various categories and a robust holiday season [4] - For fiscal 2025, Affirm's management expects GMV to be between $34.74 billion and $35.34 billion [4] Consumer Behavior - Inflation has led consumers to seek BNPL solutions for enhanced purchasing power, and stabilizing interest rates may further boost transactions and adoption of Affirm's services [5] Stock Performance - Over the past year, Affirm's shares have surged by 115.1%, significantly outperforming the industry growth of 15.3% [6]