Strong Demand for Buy Now, Pay Later Drives Higher Volume and Improving Margins for Affirm
Affirm is experiencing robust demand for its Buy Now, Pay Later services, leading to higher transaction volumes and improved margins. The company's strategy of expanding its merchant platform through direct agreements and partnerships has been effective, resulting in accelerated growth in fiscal 2025 and only minimal deceleration in fiscal 2026. Morningstar projects an average spending volume growth of 24.2% for Affirm over the next five years, indicating a long runway for continued growth.
https://www.morningstar.com/company-reports/1485469-strong-demand-for-buy-now-pay-later-drives-higher-volume-and-improving-margins-for-affirm