Affirm (AFRM) Stock Soars After Being Added To Amazon Pay

Amazon (AMZN) Pay added Affirm’s (AFRM) adaptive checkout to its service. George Tsilis discusses this as AFRM's stock is rising on the news. The deal allows merchants using Amazon Pay to offer a pay-over-time option, and AFRM's adaptive checkout offers bi-weekly and monthly pay-over-time options. George talks about how AFRM is increasing merchants using it and increasing active sales growth. AFRM is up 16% in June and the stock is higher YTD because of the push in A.I. Tune in to find out more about the stock market today.

Next Gen Investing

07 Jun 2023

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