US00827B1061 - Common Stock
Affirm stock has climbed 32% in 2024. Rival buy now, pay later firm Klarna plans to launch an initial public offering in 2025.
The BNPL leader still has a bright future.
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Sixth Street agreed to buy as much as $4 billion of consumer installment loans from buy-now, pay-later lender Affirm Holdings Inc., marking the financial-technology firm’s largest capital commitment to date.
The trillion-dollar credit card industry is under attack, and this disruptive fintech is among those leading the charge.
The aging fintech leader still faces plenty of long-term challenges.