AFRM stock tumbles: Klarna eats Affirm's lunch with Walmart BNPL deal ahead of buzzy IPO
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Klarna has replaced Affirm as Walmart's exclusive provider of 'Buy Now, Pay Later' (BNPL) loans, leading to a decline in Affirm's stock price.
March 17, 2025 | 7:30 pm
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Affirm's stock price has dropped following the news that Klarna has replaced it as Walmart's exclusive BNPL provider.
The loss of the Walmart BNPL deal to Klarna is a significant blow to Affirm, as Walmart is a major retail partner. This change is likely to negatively impact Affirm's revenue and market perception, leading to a decline in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100