Max Levchin’s Post

Affirm provides consumers the ability to stress test their purchases by reviewing a shorter and predictable repayment schedule showing the “all in” costs before the purchase is actually made. Conversely, using the more traditional route with credit cards showed us unpredictable payment schedules likely leads the consumer to hold debt for years. Adoption of the affirm platform is accelerating and the last quarterly earnings call focuses on this metric. #bnpl #zagariwealthadvisorygroup

We delve into some of the recent behind-the-scenes strategies that Affirm has likely been and continues to be mindful of, contributing to its successful quarter. The Affirm card, addressing technological hurdles and upgrades, along with a focus on inclusive hiring practices, appears to be hitting all the right notes for Affirm's progression. Read more: https://lnkd.in/dF9_Ahra #strategy #bnpl #technology #lending #cards

𝗔𝗳𝗳𝗶𝗿𝗺'𝘀 𝗩𝗶𝘀𝗶𝗼𝗻: 𝗥𝗲𝗶𝗺𝗮𝗴𝗶𝗻𝗶𝗻𝗴 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝗻 𝗘𝘅𝗽𝗿𝗲𝘀𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝗴𝗲 𝗮𝘀 𝗕𝗡𝗣𝗟 𝗚𝗮𝗶𝗻𝘀 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺. 1️⃣ Affirm aims to compete with American Express as a modern payment platform with a pro-consumer attitude. 2️⃣ Affirm went public in early January 2021 with a soaring stock price but experienced a significant drop later on, leading to layoffs. 3️⃣ Despite stock volatility, CEO Max Levchin has not sold any shares, and the company has rebounded by introducing the Affirm Card and partnerships with companies like Apple. 4️⃣ Affirm's financials have improved, with total revenue rising 46% year over year to $2.3 billion and projected profitability in the fourth quarter of its current fiscal year.

Marc is bullish on $AFRM He sees buy now, pay later as the future of shopping, with Affirm leading the pack. Even though profitability is still a concern, @MXLESQ believes Affirm's market share and expanding use cases make it a strong contender. also Goldman Sachs upgrades it to buy! Buy now, pay later #BNPL is here to stay, and Affirm is leading the charge Rebel's Edge 🏴☠️1pm @petenajarian #ITSNOTANOPTION #Affirm #StockMarket

Affirm are a Buy Now Pay Later (BNPL) company that specialise in long term buy now pay later payments for larger purchases (such as home and garden furniture). Affirm have been a smaller part of my overall stock portfolio due to the smaller and more riskier nature of the company however they have generated a massive return of 105% in the past year. As their earnings approach later today, here is why I like Affirm's stock: - Revenue increased by 46.3% year over year in Q2 which is double the average growth rate of the BNPL market of around 20%. - Affirm have accelerated their road to profitability through their partnerships with major retailers like Amazon and Apple. Their current guidance shows that they will become a profitable company by 2025 which is earlier than expected before their Q2 earnings call. - Affirm's offering of longer BNPL options when compared with other providers like PayPal and Klarna provide them with a clear USP when customers have multiple BNPL options. Affirms partnership's with major retailers like Apple have opened up massive revenue streams and I believe that the company will be able to easily hit $60 per share by 2025 as they achieve profitability. What are your thoughts about Affirm? I'd love to hear your thoughts and predictions for the stock. #stockanalysis #stockpredictions #earningsseason

Did you know??? Some Buy Now Pay Later companies like Affirm include fees and interest… The concept of being able to pay off purchases over time and the availability of emergency funds is great. You should always read the fine print, making sure you can handle any additional fees before accepting the terms and conditions. #daytradingattention #financialwellness #themoreyouknow

Although we have participated in deal flows in the private sector or pre-ipo before, we didn’t with Affirm. Instead, we wanted to wait for the post IPO activity to play through and monitor the adoption rate of the buy now pay later space. In early 2021, Affirm an innovative fintech company in the buy now pay later space, listed on the Nasdaq. This was exciting for us for two reasons. First, we could now allocate capital and incorproate the company into our portfolio models. Secondly, this meant that consumers could stress test their purchases by reviewing a shorter and predictable repayment schedule showing the “all in” costs before the purchase was actually made. Conversely, using the more traditional route with credit cards showed us unpredictable payment schedules likely leads the consumer to hold debt for years. Today, Canada has the highest household debt to disposable income ratio in the G7, at 185% compared with an average of 125% for all G7 countries. That was partly why I was not convinced that consumers would ever change their spending habits. Not on a mass scale. Instead, I focused on the concept these same consumers could change how they decided to pay back their purchases. Today, I believe the move was the right one as the gross merchandise value (GMV) that tracks the value of all purchases using the #buynowpaylater model has steadily increased each quarter. This picture taken in Orlando, Florida shows us the buy now pay later space is growing with more competitors and more payment options for consumers. Network effects where the product or service grows organically can take time so this was a great reminder of that for me. #bnpl #afterpay #zagariwealthadvisorygroup Wellington-Altus

🔍 Is the future of shopping in the U.K. changing with Affirm's entry? The launch of Affirm in the U.K. marks a significant moment for both consumers and the burgeoning Buy Now, Pay Later (BNPL) industry. As lawmakers consider new regulations to align BNPL providers more closely with traditional credit services, this could reshape how credit is accessed across the marketplace. With discussions about these changes not expected to be implemented until 2026, will Affirm’s presence speed up this transformation or complicate things further? Affirm's arrival comes during a transformative time for consumer financing options in Britain. As shoppers become more reliant on flexible payment methods, and companies innovate around customer convenience, how will these regulatory moves impact consumer choices? Will we see an increase in responsible borrowing or potential pitfalls as options expand? Big questions are brewing! How do you feel about BNPL services entering your daily shopping experience? Are they a game changer for budget management or just another form of debt? Share your thoughts below! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #BuyNowPayLater #AffirmUK #ConsumerCredit #FintechInnovation #RegulatoryChanges #FinancialServices #ShoppingTrends #PaymentSolutions #UKMarket #CorporateInnovation Read more here: https://lnkd.in/dZdniPpC

🔍 Is the future of shopping in the U.K. changing with Affirm's entry? The launch of Affirm in the U.K. marks a significant moment for both consumers and the burgeoning Buy Now, Pay Later (BNPL) industry. As lawmakers consider new regulations to align BNPL providers more closely with traditional credit services, this could reshape how credit is accessed across the marketplace. With discussions about these changes not expected to be implemented until 2026, will Affirm’s presence speed up this transformation or complicate things further? Affirm's arrival comes during a transformative time for consumer financing options in Britain. As shoppers become more reliant on flexible payment methods, and companies innovate around customer convenience, how will these regulatory moves impact consumer choices? Will we see an increase in responsible borrowing or potential pitfalls as options expand? Big questions are brewing! How do you feel about BNPL services entering your daily shopping experience? Are they a game changer for budget management or just another form of debt? Share your thoughts below! Connect with startups to drive your corporate innovation 🚀 Book a meeting! https://lnkd.in/dFYwmbHq #BuyNowPayLater #AffirmUK #ConsumerCredit #FintechInnovation #RegulatoryChanges #FinancialServices #ShoppingTrends #PaymentSolutions #UKMarket #CorporateInnovation Read more here: https://lnkd.in/dZdniPpC

We now accept Affirm! Affirm offers a "Buy Now, Pay Later" service, allowing consumers to split purchases into manageable payments with transparent terms and no hidden fees, making budgeting easier for larger purchases. We've already have several nutritional clients living their best life with Affirm. Let's begin! https://lnkd.in/egds9BFb #sandsteadperformanceandnutrition