affirm

Affirm’s head of product discusses its new approach to buy now, pay later

Affirm's head of product Vishal Kapoor discusses buy now, play later in a debit card, and how that’s setting Affirm apart from competitors.

Klarna’s and Affirm’s very good week

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign

Better.com’s public market debut was Miserable.com

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Better.com finally went public last week, and the stock’s performance was worse than expe

Amazon Pay taps Affirm to be its first buy now, pay later player in the US

Affirm has become the first buy now, pay later player to be added to Amazon Pay, the two companies announced today. As part of the new partnership, any Amazon Pay merchants in the U.S. can now choose

Is this the end of the BNPL boom?

As inflation and interest rates climbed, consumer-focused BNPL players have struggled with increased defaults amid less discretionary spending.

Affirm’s stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit

Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting down its crypto unit. That leaves the company wit

Former Affirm exec Silvija Martincevic to lead shift work management platform Deputy

Silvija Martincevic, former chief commercial officer of Affirm, one of the U.S.’s biggest buy now, pay later startups, has been appointed to CEO of shift work management platform Deputy. Based in Au

Klarna, Affirm show how expensive fintech growth can be

Why are Klarna and Affirm worth as much as they are, given that they are unprofitable, cash-consuming businesses seemingly unable to generate corporate net income off of consumer lending despite a pre

Now that Klarna has a new valuation, is Affirm cheap?

Klarna’s announcement that its long-expected funding round has come to a close brought with it one of the steepest valuation resets in memory, at least as far as operating businesses are concern

Fintech’s fever can’t make up its mind

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to

Klarna’s potential valuation cut to $15B appears sufficiently steep

The Wall Street Journal recently reported that Klarna, a European buy now, pay later (BNPL) provider, is considering raising capital at a valuation of around $15 billion. The new figure is both a dram

PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service

After Apple shook up the buy now, pay later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

Apple’s Pay Later installment credit scheme will live under a new lending subsidiary

The news that Apple would offer its own “buy now, pay later” service splitting any Apple Pay bill into installments hit the fintech lending world like a thunderbolt. But it turns out the n

The stock-market impact of Apple’s WWDC keynote

You might think that the substance of what Apple announces matters to folks buying and selling its shares on any given day, but it mostly doesn't.

Affirm and Klarna ramp up competing efforts to attract US consumers

Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here in the U.S. As such, compan

The battle for BNPL buyers and other TC news

Welcome back to The TechCrunch Podcast, where you’ll hear everything you need to know about the week’s top stories in tech from the people who wrote them. This week we talk with Mary Ann Azevedo a

Sheryl Sandberg, Substack and the art of still raising money for groceries

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This was another live week from the Equity crew, meaning that

Affirm teams up with Stripe as the BNPL wars intensify

Two fintech giants are partnering up. Affirm is making its buy now, pay later technology available to businesses that use Stripe’s payments tech. This means that a whole slew of companies that were

As Klarna looks to raise more capital, is it cutting its valuation enough?

No one likes a down round. They are dilutive, messy and demoralizing. But they are also miles better than not raising money and dying, so companies raise them when required.
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