AFRM Profile
Affirm Holdings, Inc. operates a comprehensive platform for digital and mobile-first commerce, serving customers in the United States, Canada, and internationally. The company's platform offers point-of-sale payment solutions, merchant commerce solutions, and a consumer-focused app. Affirm's platform, supported by agreements with originating banks and capital markets partners, enables consumers to make purchases and pay over time with flexible terms ranging from one to sixty months.
The company has successfully integrated approximately 235,000 merchants on its platform as of June 30, 2022. These merchants range from small businesses to large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omnichannel presence. Affirm's merchant network spans various industries, including sporting goods, outdoors, furniture, homewares, travel, ticketing, apparel, accessories, consumer electronics, and jewelry.
Affirm’s business model is designed to enhance consumer purchasing power while providing merchants with tools to drive sales and customer loyalty. The platform’s point-of-sale payment solutions allow consumers to split the cost of purchases into manageable payments, promoting financial flexibility. Meanwhile, merchants benefit from increased conversion rates, higher average order values, and a dedicated customer base that values the transparency and convenience of Affirm’s payment options.
Founded in 2012 and headquartered in San Francisco, California, Affirm Holdings, Inc. has positioned itself as a leader in the financial technology sector. The company's innovative approach to digital commerce and consumer financing has driven significant growth and expanded its influence across multiple markets. Affirm continues to advance its platform and services, aiming to redefine the consumer financing landscape and support the evolving needs of both consumers and merchants.
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