Affirm

We’re proud to announce the expansion of our long-term capital partnership with New York Life Insurance Company, America’s largest mutual life insurer. Under the expanded agreement, New York Life will purchase Affirm’s installment loans on a forward-flow basis between now and December 2026. Affirm’s COO, Michael Linford, said: “We are proud to expand our relationship with such a trusted and forward-thinking partner in New York Life. Through our collaboration, we will be even better positioned to responsibly increase access to our flexible and transparent payment options.” New York Life Insurance Company’s Managing Director, Brendan Feeney, said: “As we continue to deploy capital to create lasting value for our policy owners, Affirm has distinguished itself by delivering superior credit outcomes that generate attractive returns. We’re excited to take this next step in our relationship, which exemplifies how we collaborate with industry leaders to invest in growing, high-quality assets.” Read more here from CNBC's MacKenzie Sigalos ▶️ https://cnb.cx/47iShWP  Learn more from Affirm here ▶️ https://bit.ly/4hFelOQ 

What happens when everyone has a PhD-level advisor in their pocket helping them shop – and decide how to pay? That’s what our SVP of Product, Vishal Kapoor, discussed at last month’s AI-Native Banking and Fintech Conference in Salt Lake City. He shared how Affirm’s honest, transparent payment plans will stand out in a world where shoppers turn to chatbots and AI agents. “We don’t charge late fees, and LLMs know that. We don’t charge compounding interest, and LLMs also know that,” he said. “When everyone will have a PhD-level [agent] in their pocket to advise them on what to buy, where to buy it, who to buy it from, and what’s the best way to buy it, Affirm will be at the forefront.” Check out the full panel below, and big thanks to Robert Savoie for moderating and Peter Renton for organizing the event. https://lnkd.in/eh5KTeBA

We’re proud to be recognized on the Fortune Best Workplaces for Women 2025 list! This award is a reflection of the workplace we’re shaping together and a reminder of our ongoing work to create an environment where growth is real and leadership is inclusive. As Krystal Mak, Staff Product Manager and Women@ ERG Co-Lead put it:   “Seeing women represented at all levels of Affirm leadership makes growth feel achievable, not aspirational—and Women@ creates space for genuine connection to support each other along the way.” https://lnkd.in/gtQkEg2e #BestWorkplacesForWomen

If you’re heading to Money20/20, don’t miss Affirm CEO Max Levchin on the main stage this Sunday! After founding Affirm, Max first took the Money20/20 stage in 2015 to challenge what was broken in credit. Ten years later, he returns for a closing keynote conversation with Karen Webster of PYMNTS reflecting on what’s defined Affirm’s approach, and to explore how credit, consumer expectations, and technology are evolving as the next era of payments takes shape. 🗓️ Sunday, October 26 at 6:15-6:40 PM PT 📍 Money20/20 Exchange Stage https://lnkd.in/g4JHs9wT

🚀 Big news! We’re expanding our partnership with Worldpay through a new integration with Worldpay for Platforms. Now, more than 1,000 SaaS companies using Worldpay for Platforms can easily enable Affirm for the businesses they serve — helping merchants grow and giving shoppers more flexible, transparent ways to pay ✨💵 Here’s what Matt Downs, President of Worldpay for Platforms, said about the partnership: “By making it easy to offer Affirm at checkout, we’re helping our software partners become the everything platform to their users while enhancing the customer experience…Affirm’s proven ability to deliver results for businesses and great experiences for consumers makes them an ideal BNPL partner for Worldpay for Platforms.” Read more here: https://lnkd.in/eeWTzxe8

“0% APR for 12 months,” says the credit card offer. Sounds pretty great – until you read the fine print. In our latest blog, we’re breaking down the dreaded two-word trap: deferred interest. Deferred interest is when you’re promised no interest for a set period – but if you don’t pay off your balance in full by the deadline, you’re charged all the interest that’s been quietly adding up from day one. Even on the part you’ve already paid off. At Affirm, we think zero should always mean zero. No fine print. No retroactive charges. No gotchas. That’s why today, we’re launching 0% Days – three days of truly interest-free, exclusive offers from thousands of top brands. Because credit should be simple, fair, and transparent. Always. Read more about the pitfalls of deferred interest and why a real zero matters👇 https://lnkd.in/gazg5z94

In a recent interview with Akila Quinio of the Financial Times, Affirm Founder & CEO Max Levchin called out the role of late fees in the buy now, pay later industry and explained why Affirm has never charged them. As Max shared, we never want to profit from people’s misfortunes. Instead, we focus on superior underwriting with transparent terms that help consumers spend and repay with confidence. He also outlined steps that could strengthen responsible lending practices and help the BNPL industry further prove itself as a more transparent and flexible alternative to other payment options. 📰 Read the full interview here: https://on.ft.com/4qqUOFW

✨We’re thrilled to expand our long-time partnership with Wayfair, so shoppers can access Affirm’s flexible payments right at checkout across all of their brands – Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. The timing couldn’t be better – this launch comes ahead of Way Day, one of Wayfair’s biggest annual sales, and right as the holiday shopping season kicks into gear. 🏡🎁 As Curtis Crawford, Head of Fintech and Loyalty at Wayfair, put it: “Over the past eight years, we’ve seen how much Wayfair shoppers value using Affirm to bring home the items they love. Integrating their pay-over-time solution directly at checkout was a natural next step, and we’re excited to give shoppers even more clarity and convenience as they get ready for Way Day and the holiday season.” Read more: https://lnkd.in/gPPSmDzY

Another great DC Fintech Week is in the books! Affirm’s Chief Legal and Compliance Officer Katherine Adkins joined a main stage panel last week to discuss the future of payments and the global regulatory landscape. During the panel, Katherine highlighted Affirm’s approach to building products that align with consumers’ interests and its proactive approach to engaging with regulators. “We start with the North Star of treating our customers fairly. Across geographies – whether it’s in the U.S., federally or in the states, or internationally – the regulatory themes are the same: everybody wants to do right by the consumer.” “We work hard to build relationships with our regulators so they can understand our products, and our consumer-first approach. Our approach means we can find alignment with these stakeholders across jurisdictions, even though the details of regulatory compliance vary.” Thanks to Sara K. Weed for moderating; to ASIC Chair Joe Longo, Wade Arnold and Saurav Sharma for a great discussion; and to The Fintech Foundation for hosting us!