Stock Track | Affirm Soars 5% Pre-Market on Aggressive Growth Plans in Buy-Now-Pay-Later Space

Stock Track11-22 01:10

Shares of Affirm Holdings (AFRM) are rallying 5% in pre-market trading on Thursday, as the buy-now-pay-later (BNPL) leader unveils bold expansion plans to solidify its dominance in the rapidly growing consumer lending market.

According to news reports, Affirm is aggressively expanding internationally, launching its services in the UK as its first non-U.S. market. This move is seen as a direct challenge to rival Klarna, the European BNPL powerhouse that has recently made inroads into the U.S. market.

Affirm's CEO Max Levchin expressed confidence in the company's market position, stating that Affirm is the largest BNPL player by revenue, making more money than all competitors combined. However, he acknowledged the intense competition in the space, with players like Block's Afterpay, PayPal, and traditional credit card issuers offering their own BNPL services.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1172132303?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-22 01:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172132303","market":"us","top_or_hot":-1,"title":"Stock Track | Affirm Soars 5% Pre-Market on Aggressive Growth Plans in Buy-Now-Pay-Later Space","media":"Stock Track","content":"<p>Shares of Affirm Holdings (AFRM) are rallying 5% in pre-market trading on Thursday, as the buy-now-pay-later (BNPL) leader unveils bold expansion plans to solidify its dominance in the rapidly growing consumer lending market.</p>\n\n<p>According to news reports, Affirm is aggressively expanding internationally, launching its services in the UK as its first non-U.S. market. This move is seen as a direct challenge to rival Klarna, the European BNPL powerhouse that has recently made inroads into the U.S. market.</p>\n\n<p>Affirm's CEO Max Levchin expressed confidence in the company's market position, stating that Affirm is the largest BNPL player by revenue, making more money than all competitors combined. However, he acknowledged the intense competition in the space, with players like Block's Afterpay, PayPal, and traditional credit card issuers offering their own BNPL services.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Affirm Soars 5% Pre-Market on Aggressive Growth Plans in Buy-Now-Pay-Later Space</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Affirm Soars 5% Pre-Market on Aggressive Growth Plans in Buy-Now-Pay-Later Space\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-22 01:10 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Affirm Holdings (AFRM) are rallying 5% in pre-market trading on Thursday, as the buy-now-pay-later (BNPL) leader unveils bold expansion plans to solidify its dominance in the rapidly growing...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFRM","symbol_name":"Affirm Holdings, Inc.","start_time":0,"source_url":"","article_id":"1172132303","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172132303","pubTimestamp":1732209033,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Affirm Holdings  are rallying 5% in pre-market trading on Thursday, as the buy-now-pay-later  leader unveils bold expansion plans to solidify its dominance in the rapidly growing consumer lending market.According to news reports, Affirm is aggressively expanding internationally, launching its services in the UK as its first non-U.S. market. This move is seen as a direct challenge to rival Klarna, the European BNPL powerhouse that has recently made inroads into the U.S. market.Affirm's ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AFRM":"Affirm Holdings, Inc."},"translate_title":"由于先买后付领域的积极增长计划，股票跟踪Affirm盘前飙升5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFRM":1},"content_text":"Shares of Affirm Holdings (AFRM) are rallying 5% in pre-market trading on Thursday, as the buy-now-pay-later (BNPL) leader unveils bold expansion plans to solidify its dominance in the rapidly growing consumer lending market.\nAccording to news reports, Affirm is aggressively expanding internationally, launching its services in the UK as its first non-U.S. market. This move is seen as a direct challenge to rival Klarna, the European BNPL powerhouse that has recently made inroads into the U.S. market.\nAffirm's CEO Max Levchin expressed confidence in the company's market position, stating that Affirm is the largest BNPL player by revenue, making more money than all competitors combined. However, he acknowledged the intense competition in the space, with players like Block's Afterpay, PayPal, and traditional credit card issuers offering their own BNPL services.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1172132303"}