Customers who shop on Amazon.com will be able to pay for products on a monthly basis, thanks to New partnership with confirm. Buy $50 or more to use the new features. It is being launched now and will be rolled out to a wider range of customers in the coming months.
Led by PayPal co-founder Max Levchin, Affirm went public earlier this year. After Amazon announced the partnership, its stock price soared by 50% in Friday’s after-hours trading. When consumers use Affirm’s technology to purchase products in installments, Affirm will profit from more than 6,000 retailers such as Peloton, Purple, and Walmart.company Report Revenue in the third quarter was US$230.7 million, an increase of 67% year-on-year.