BUZZ-Affirm Holdings rises after J.P. Morgan Payments deal

Reuters03-25

** Buy now, pay later company Affirm Holdings' AFRM.O shares rise 1.4% to $53.32

** AFRM says it is deepening its multi-year agreement with J.P. Morgan Payments to deliver pay-over-time plans at checkout

** U.S. merchants using J.P. Morgan Payments’ commerce platform will be able to offer its customers the BNPL services of AFRM for purchases ranging between $35 and $30,000

** AFRM shares dipped last week after Swedish payments firm Klarna said it is partnering with consumer finance app OnePay to offer installment loans for purchases at Walmart in the U.S.

** As of last close, AFRM down nearly 14% YTD

(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))

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