PayPal (NASDAQ: PYPL) and Affirm (NASDAQ: AFRM) might initially seem like two very different fintech companies. Let's take a fresh look at PayPal and Affirm, review their long-term prospects and valuations, and see which stock is the better buy. PayPal, which was spun off from eBay in 2015, owns one of the largest digital payment platforms in the world with over 416 million active accounts.
Yahoo Finance's Emily McCormick breaks down the red-hot Initital Public Offering (IPO) market.
SAN FRANCISCO, November 19, 2021--Affirm Holdings, Inc. (Nasdaq: AFRM) ("Affirm" or the "Company") today announced the pricing of $1.5 billion aggregate principal amount of 0% Convertible Senior Notes due 2026 (the "Notes") in a private offering (the "Offering"). The size of the Offering was increased from the previously announced $1.25 billion in aggregate principal amount. In connection with the Offering, Affirm has granted the initial purchasers of the Notes an option to purchase, within a 13