Summary Affirm’s partnerships with Amazon and Shopify have solidified its leadership position in the buy now, pay later (BN/PL) sector. The company’s use of AI technology has also helped protect it against rising delinquencies.Despite facing challenges such as interest rate increases and a slowdown in consumer spending growth, Affirm has made strides in terms improving…
Affirm: Can it satisfy investors in a fraught environment Investing in the fintech space has not been good for the performance of a portfolio during the past 14+ months. Supreme understatement, I suppose. Depending on the definition of fintech, most of the group has imploded. In terms of winners, there has been Shift4 Payments (FOUR) and…
Does have Affirm have a secret sauce? Tuesday, May 24th, has been another day of fear and doubt and pain for those investors remaining in the high-growth IT space. So why write an article now about Affirm (AFRM), its outlook and its opportunities when investors are clearly making bets outside of high-growth tech. There seems…
Summary Shares of High-Growth software companies have led the market down so far in 2022. The decline in valuations and absolute share prices has been at rates that rival anything in the recent past. This decline has occurred against a background of strong and growing demand in the Information Technology (IT) space. Ironically, software demand…