Affirm CEO Says They Own Half of US Pay Later Revenue
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Affirm's CEO, Max Levchin, announced that the company owns more than half of the U.S. 'buy now, pay later' (BNPL) revenue, despite having only a third of the volume. This was shared during their fiscal first quarter conference call, indicating a strong performance.
November 08, 2024 | 2:30 am
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Affirm reported owning more than half of the U.S. BNPL revenue, despite having only a third of the volume, indicating strong financial performance.
Affirm's announcement of owning more than half of the U.S. BNPL revenue suggests strong financial health and market dominance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100