Shopify: Buy The Affirm Australia Expansion, But Do Not Chase Blindly
Shopify posted 34% Q2 FY2026 revenue growth and $654 million in free cash flow as Shop Pay Installments expands to Australia, while trading…
Sharon McArd NASDAQ
Affirm Holdings, Inc.
AFRM
5 stories
$24B Market cap · 2026-10-14
Sharon McArd KEDM.com on X
Optimist Fund @optimist_fund sees an opportunity in the buy-now-pay-later space and has conducted a deep dive into Affirm $AFRM. The fund says the buy-now-pay-later model is still lightly penetrated in US e-commerce and barely penetrated once bricks-and-mortar retail is included. Underwriting every transaction individually at the point of sale, with terms fixed upfront and no compounding interest or late fees, aligns the lender with the consumer in a way the revolving credit card model does not.
Affirm (AFRM): Buy Now, Cry Later
Affirm, a $25 billion buy now, pay later lender, faces a short thesis comparing its model with failed subprime monoline finance companies.
Affirm (AFRM) Buy Now, Cry Later
Affirm, a $25 billion buy-now-pay-later lender, faces short-seller claims that its subprime consumer-finance model repeats failed monoline…
Multiples Capital on X
"BNPL will eventually die"? $AFRM (Affirm) says otherwise. Q4 GMV +43% to $10.4B, Rev +33% to $876M. EPS flipped –$0.14 → +$0.20, Op inc +$58M. Company executing with Amazon/Shopify/Costco partnerships, Affirm physical card and Stripe integration (for SMB market reach). With AI/ML underwriting + 0% plans, Affirm is scaling up profitably for now. As CEO Max Levchin put it: “We love math.” Execution > narrative.
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