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Stock impact report

Affirm Partners With REVOLVE to Make Fashion Shopping Smarter [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
RVLV is one of the prominent fashion retailers appealing to Millennials and Gen Z shoppers. The tie-up aims to improve the shopping experience by offering flexible and transparent payment options, allowing shoppers to pay later with no surprise fees or late fees. Consumers can access luxury and trendy clothing by making high-end fashion purchases affordable. With the addition of Affirm's Buy Now, Pay Later (“BNPL”) services to its platform, REVOLVE will try to engage more consumers, especially younger shoppers who value financial flexibility alongside fashion choices. Consumers in the United States will be able to select biweekly or monthly payment options at checkout, with rates of interest starting at 0% APR upon their eligibility. This partnership comes at a time when BNPL services are on the rise, and recent statistics show that sales of apparel and accessories via Affirm increased 25% year over year during the October to December 2024 quarter, indicating growing demand for ne Show less Read more
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