Affirm is a leading "Buy Now, Pay Later" (BNPL) provider that offers consumers the ability to pay for purchases over time through fixed installments. Unlike many traditional credit options, Affirm emphasizes transparent pricing with no late fees or compounding interest. Company Overview & 2026 Financials
: Reached $1.12 billion in fiscal Q2 2026 (a 30% year-over-year increase).
Affirm differentiates itself by providing a range of payment terms rather than a single "one-size-fits-all" model.
: Valued at approximately $21.22 billion as of April 2026.
: Interest-free loans for smaller purchases ($50–$1,000), typically paid bi-weekly over six weeks.
A major shift occurred in 2025 regarding how Affirm interacts with credit bureaus, impacting borrower credit scores more directly than in previous years. Affirm credit reporting policy