Fintech Battle: Klarna Grabs Big Affirm Customer Ahead Of IPO
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Affirm's stock declined as Klarna, a competing buy now, pay later firm, secured Walmart as a customer. Klarna is preparing for an IPO.
March 17, 2025 | 2:15 pm
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Affirm's stock fell after Klarna secured Walmart as a customer, indicating competitive pressure in the buy now, pay later market.
The loss of Walmart as a customer to Klarna is a significant competitive setback for Affirm, likely impacting its stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90