Affirm | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Affirm is a financial services company that offers a Buy Now, Pay Later (BNPL) solution, allowing consumers to make purchases with...


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Affirm is a financial services company that offers a Buy Now, Pay Later (BNPL) solution, allowing consumers to make purchases with flexible payment options and no hidden fees or compounding interest. The company focuses on providing honest and transparent financial products to improve the lives of consumers. With a remote-first work culture, Affirm operates in various locations and emphasizes innovation in the financial industry.

Website
Headquarters
San Francisco, California
Size
1001-5000 employees
Industry
Financial Services
Specialities
eCommerce, Payments, Installment Loans, Millennials, Financial Services, Online Payments, Retail, Personal Finance, FinTech, Financial Technology, Financial Management

πŸ›οΈ Affirm Product and Pricing News β†’

πŸ‘” Affirm CEO, Management and Leadership Team β†’

βš”οΈ Affirm Alternatives and Competitors β†’

πŸ’Ό Affirm Hiring and Layoffs β†’

πŸ€– Affirm Developer, Integration and Automation News β†’

πŸ“ˆ Affirm Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Affirm Product and Pricing News

  • Affirm is expanding its in-store presence with the Affirm Card, a Visa debit card, as part of its strategy to transition from BNPL to a full-fledged payment company, according to CFO Robert O'Hare.
  • Affirm recently launched its product in the UK, now complying with regulations in the US, Canada, and GDPR in Europe, as shared by Maciej Andrzejewski, Senior Engineering Manager at Affirm.
  • Affirm has announced its first overseas expansion.
  • Affirm has expanded its buy now, pay later services to the United Kingdom, marking its first move outside North America, with partners Alternative Airlines and Fexco.
  • Affirm will start offering its quick credit products in the United Kingdom.

  • Affirm launched a major upgrade to its app for the holiday season.
  • Affirm will attend the National Retail Federation’s Big Show in NYC from January 11-14.
  • Affirm has been recognized by Built In as one of the Best Places to Work for the fifth consecutive year, ranking 10th on the 100 Best Remote Companies to Work for in 2025.

πŸ‘” Affirm CEO, Management and Leadership Team


βš”οΈ Affirm Alternatives and Competitors

  • Sezzle
  • |
  • PayPal Credit
  • |
  • Klarna
  • |
  • Afterpay
  • |
  • Zip
  • |
  • Splitit
  • |
  • Bread Financial
  • |
  • GoCardless
  • |
  • Uplift
  • |
  • Zilch
  • |
  • Colendi
  • |
  • Amount

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πŸ’Ό Affirm Hiring and Layoffs

  • On December 13, 2024, Robert W. O'Hare participated in a fireside chat as the newly promoted Chief Financial Officer of Affirm.
  • Ellen Bock, MBA has joined Affirm as Director Operations, Service Delivery in the United States, previously holding a position at another company.
  • Tekeisha Zimmerman, Ph.D has joined Affirm as Director of Learning and Development in the United States, previously serving as Head of Corporate Functions Talent & Learning at Expedia Group.
  • Samira P. has joined Affirm as Director of Compliance in the United States, previously serving as Director of Compliance Advisory at Best Egg.
  • Monica Childs has joined Affirm as Director, Capital Legal in the Detroit Metropolitan Area, previously holding a position at another company.

  • Megan Edwards has left Affirm, where she served as Director Program Management Office in the United States, to join Paradigm Technology as Senior Project Manager.
  • Kelly Gillis has started as VP, Chief Audit and Enterprise Risk Executive at Affirm.
  • Vishal Kapoor, SVP of Product at Affirm, emphasizes the importance of real-time feedback and an adaptive platform in refining features before scaling.

πŸ€– Affirm Developer, Integration and Automation News

  • JD Sports and Finish Line have added Affirm's buy now, pay later services for in-store purchases, enhancing their holiday marketing strategy.
  • On November 26, 2024, Affirm announced a partnership with JD Sports to offer flexible payment options for top brands at JD Sports and Finish Line stores nationwide.
  • Affirm partners with OxiWear to provide flexible payment options for their device.
  • On November 18, 2024, Affirm became the pay-over-time provider for Priceline's B2B business, Priceline Partner Solutions, allowing partner brands to offer Affirm's payment options at checkout.
  • Visa introduced the Flexible Credential in the US with support from Affirm.

  • Williford Chiropractic & Wellness now offers Affirm for payment, allowing customers to treat today and pay later while earning rewards.
  • Sisal Rugs Direct partners with Affirm to offer customers the option to pay for custom rugs over time with no hidden fees.

πŸ“ˆ Affirm Financials, Fundraising and Valuation News

  • Affirm's shares dropped by 11.47% last week as investors sold off positions amid uncertainty about the Federal Reserve's interest rate decisions.
  • Affirm's stock fell 11.52% last week due to overall market weakness and rising yields.
  • On December 14, 2024, Affirm's stock opened at $71.03, up from the previous close of $68.77, with a trading volume of 1,510,761 shares.
  • Affirm's lending capacity increased due to an investment from Sixth Street.
  • Affirm announced quarterly results showing growth in revenues and operating income.

  • Affirm will release its latest quarterly earnings on November 9 with expected EPS of -0.35 USD compared to last year's 0.14 USD.
  • Affirm is growing over four times faster than U.S. e-commerce and accounts for more than half of the pay-later market revenue in the U.S., surpassing all pure-play competitors combined, according to CEO Max Levchin.

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