Company description
Affirm Holdings Inc. (ticker AFRM) is a fast-growing financial technology company that is known for its innovative Buy Now, Pay Later (BNPL) platform, which enables consumers to make purchases in installments without accruing interest or fees. Founded in 2012, AFRM has quickly become a leader in the BNPL space, serving over 6.5 million customers and partnering with over 14,000 merchants globally. The company has a diverse portfolio of offerings, including financing options for online and in-store purchases, personal loans, and savings accounts. AFRM has also expanded into the healthcare space, providing consumers with convenient and transparent payment options for medical expenses. The company's success can be attributed to its user-friendly interface, flexible payment plans, and focus on responsible lending practices. With its recent IPO in January 2021, AFRM has gained even more attention and continues to experience rapid growth. The company's mission of improving the financial well-being of its customers, coupled with its innovative approach to payments, makes it a notable player in the ever-evolving fintech industry.