How it operates
Affirm integrates payment plans into online and in-person commerce. Its materials describe merchant checkout tools and virtual-card options, with repayment plans presented to eligible shoppers.
Fintech · COVERAGE INDEX
Affirm
Affirm is a financial technology company offering pay-over-time options to consumers through merchant checkout, its app and card-based products.
The company describes a model that connects consumers, merchants and financing providers. Available terms, APRs and product features can vary by transaction and customer. This overview summarizes company materials and does not independently assess approval, pricing or customer outcomes.
Financial services relevance
The model links point-of-sale commerce with underwriting, loan servicing, merchant conversion and consumer repayment. Card issuers, retailers and other installment-finance providers participate in related markets.
Recent SEC filings
Issuer: Affirm Holdings, Inc. · AFRM · CIK 0001820953. Filings concern this issuer; bank subsidiaries may report separately.
Checking SEC filings…
News timeline
Published Sep 29, 2026Source / event date: September 29, 2026 · Affirm investor-relations release
Crate & Barrel adds Affirm installments online and in stores →
Crate & Barrel Holdings and Affirm announced September 29 that eligible customers at Crate & Barrel, Crate & Barrel Kids and CB2 in the United States and Canada can use Affirm online and in stores. The options include biweekly or monthly payments starting at 0% APR, subject to eligibility and product terms.
Bank & fintech · Company partnership announcementPublished Sep 27, 2026Source / event date: Announced Sep 23, 2026
Amazon UK adds short and long installment options from Affirm →
Affirm announced a phased Amazon.co.uk rollout on September 23: three interest-free monthly payments or an interest-bearing plan up to 48 months, with a 22% representative fixed APR. Eligible baskets start at £50, subject to approval and exclusions.
Bank & fintech · Company announcementPublished Sep 27, 2026Source / event date: Announced Sep 17, 2026
Affirm reports more completed purchases from a hybrid underwriting model →
Affirm announced a transformer-based underwriting model on September 17 and reported 3.4% more completed purchases against a control group. Its technical account describes a transformer feeding learned credit representations into an XGBoost risk model.
AI · Company-reported resultsRelated permanent research
AI & financial technologyResearch updated Oct 4, 2026
Affirm’s hybrid underwriting: checkout conversion, merchant value and repayment →
Affirm’s internal model illustrates how prediction changes checkout outcomes. Separate the experiment, the reported production deployment and value to merchants and borrowers.
Financial company profileResearch updated Oct 4, 2026
Airwallex: the cross-border payments platform expanding into the finance workflow →
Airwallex connects business accounts, foreign exchange, payment acceptance, payouts and spending tools. Its rapid growth is supported by local authorisations and bank relationships, but payment volume, annualised revenue, safeguarded funds and investment products describe different parts of the business.
Financial company profileResearch updated Oct 4, 2026
Lead Bank: embedded-finance scale, lending exposure and the new payment rails →
Lead Bank pairs a Missouri charter with API-driven lending, cards, accounts and stablecoin settlement. June 2026 financials show rapid growth and higher earnings alongside rising noncurrent loans.
Financial company profileResearch updated Oct 4, 2026
Affirm: installment credit, merchant distribution and a multi-channel funding model →
Affirm connects merchants and shoppers through short and longer installment plans. Its economics combine merchant payments, consumer interest and capital-market funding rather than a single pay-in-four model.
Lending & consumer financeResearch updated Oct 4, 2026
Buy Now, Pay Later: The Products, Economics, Borrowers and Risks Behind the Checkout Button →
A comprehensive examination of BNPL product structures, market data, funding, merchant economics, underwriting, repayment measurement, household outcomes and legal status, with dated primary evidence and transparent calculations.
Law & regulationResearch updated Sep 30, 2026
Adverse-action explanations: understandable decisions and accurate reasons →
A clear explanation connects the customer, the decision system and the employee handling follow-up. Specific reasons must reflect the actual decision, whether the process uses rules, models or human judgment.
Banking, funding & balance sheetsResearch updated Sep 30, 2026
Warehouse funding: how loans move from origination to sale →
A warehouse line connects loan production with investor settlement. Available capacity depends on eligibility, advance rates, timing and operating execution, with direct consequences for closings and customer commitments.
Banking, funding & balance sheetsResearch updated Sep 30, 2026
Loan sales and forward flows: funding, distribution and the customer relationship →
Loan sales connect originators with investors and can recycle funding capacity. Evaluate price, settlement, servicing, investor demand and retained obligations separately to understand who earns what and who continues serving the customer.
Policy & official records
Curated library records that name Affirm or connect through its linked research. The official source provides full scope and status.
SBA2026-09-29 · Effective September 29, 2026
SBA Title VI amendments — 13 CFR part 112 →
Removes specified affirmative-action and disparate-impact provisions and revises the employment provision in SBA’s federally assisted-program regulations. Intentional discrimination remains prohibited; amendments are confined to part 112.
Official record ↗CFPB2026-04-22 · Effective; July 21, 2026
ECOA / Regulation B — April 2026 final amendments →
Final amendments addressing disparate impact, discouragement and special-purpose credit programs. The Federal Register specifies July 21, 2026 as the effective date; the CFPB’s current ECOA resource page links this action. Read the amended text when using older fair-lending examination materials.
Official record ↗OCC2020-09-10 · Current posted guidance; amended March 2025
OCC — Loan-purchase risk management →
Credit analysis, documentation, monitoring and counterparty considerations for purchased loans and participations. The posted text removes reputation-risk references as of March 20, 2025.
Official record ↗OCC2017-01-15 · Current posted examination handbook
Asset-Based Lending — Comptroller’s Handbook →
Collateral-based lending risks and examination guidance. Useful for borrowing-base design, collateral monitoring and warehouse-line controls. The catalog identifies the January 2017 edition; use the currently posted booklet and its revision notices.
Official record ↗FDIC2015-11-06 · Posted guidance; revised February 2026
Purchased loans and participations — FDIC risk-management advisory →
Guidance for underwriting and administering acquired loans and participations with appropriate independent credit assessment. Originally issued November 6, 2015; the FDIC identifies a February 2026 revision. Useful for forward-flow and loan-purchase diligence.
Official record ↗CFPBDate not provided · Codified rule
Adverse-action notices — 12 CFR 1002.9 →
Notification timing, incomplete applications, specific reasons and business-credit variations under Regulation B. Relevant to automated underwriting and the evidence supporting the reasons given to an applicant.
Official record ↗