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Affirm Reports 71 Percent Rise in Quarterly Revenue

Affirm. Shutterstock.

Affirm Holdings Inc reported a 71 p.c rise in quarterly income on Thursday, pushed by an increase within the variety of retailers and energetic customers on its buy-now-pay-later platform.

Complete income rose to $261.8 million through the fourth quarter ended June 30, from $153.3 million, a 12 months earlier.

By Sohini Podder and Akanksha Rana

Study extra:

The Future of ‘Buy Now, Pay Later’

Paying for purchases in instalments has shortly change into ubiquitous on-line. However Klarna, Affirm and the opposite fintech gamers that dominate the house have loftier objectives.

https://www.businessoffashion.com/news/expertise/affirm-reports-71-percent-rise-in-quarterly-revenue | Affirm Reviews 71 % Rise in Quarterly Income

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