AFRM Jul 2024 47.500 call
- Investing.com
Mizuho: Apple-Affirm partnership could boost gross merchandise volume by 35%
Investing.com - Mizuho, a global financial services firm, released a promising analysis of the recent collaboration between Affirm Holdings (NASDAQ:AFRM), Inc. and Apple (NASDAQ:AAPL) Pay on Thursday, noting that the new partnership could drive an incremental Buy Now, Pay Later (BNPL) opportunity worth around $12 billion for Affirm, representing a potential growth of 35% compared to fiscal year 2025 consensus volume estimates.
- Yahoo Finance Video
Apple dumps 'Apple Pay Later' for new BNPL partnerships
Apple (AAPL) has announced its decision to scrap its buy now, pay later feature. The service, named "Apple Pay Later," which was launched just last fall, will now be replaced by the tech giant's new buy now, pay later partnerships with industry heavyweights Affirm (AFRM) and Citi (C), set to be unveiled in the fall of 2024. Yahoo Finance's Madison Mills breaks down the details. Catch Yahoo Finance's full interview with Affirm founder and CEO Max Levchin as part of the Opening Bid with Brian Sozzi. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith.
- Yahoo Finance
MAGA hat wearers use tech software too: Morning Brief
Silicon Valley makes a play to protect its vast wealth and business interests.
