Mock up space, laptop with hand of businessman working on digital.gettyThe Swedish firm known for offering payment plans to cash-strapped internet shoppers is in the midst of a big change. Specifically, as of September 10, 2025, the newly public company’s shares are on NYSE as KLAR, at a value of $40. There’s no movement yet, although the market is open, but there will definitely be lots of eyes on the volatility of KLAR’s movements as the days go by.With Klarna currently valued around $15 billion, the IPO ...

Online lender Klarna Group (KLAR) made its market debut this morning, with the stock opening at $52, firmly above the initial public offering (IPO) price of $40 per share. Buzz around the "buy now, pay later" company's first session is weighing on fintech peers, with Upstart Holdings Inc (NASDAQ:UPST) and Affirm Holdings Inc (NASDAQ:AFRM) shares facing pressure.Upstart Stock Could Snap Win StreakUPST is down 10.4% at $61.75 at last check, on its way to snap a four-day win streak. While the equity still spor ...

After years of investments that have weighed on the bottom line, Affirm (AFRM) looks poised to enter a profitable future. In its latest quarter, gross merchandise volume (GMV) rose 43% from the prior year to $10.4 billion. Revenue increased 33% to $876 million. The company attained operating profits for the first time, as CEO Max Levchin has consistently said would happen. New products, such as the Affirm card, saw gross merchandise volume gain 132% to $1.2 billion. The number of active cardholders incre ...

Question-and-Answer SessionSo just to start out, maybe for those less familiar with you, do you want to just provide a brief introduction on yourselves and your responsibilities at Affirm?Brooke Major-ReidChief Capital Officer Sure. Good morning, everyone. It's great to be here. Thanks for hosting us, Allison. My name is Brooke Major-Reid. As Allison said, I'm Chief Capital Officer. I've been at Affirm just over 4 years. Capital at Affirm covers capital markets execution, all the things we do to fund the bu ...

Question-and-Answer SessionSo just to start out, maybe for those less familiar with you, do you want to just provide a brief introduction on yourselves and your responsibilities at Affirm?Brooke Major-ReidChief Capital Officer Sure. Good morning, everyone. It's great to be here. Thanks for hosting us, Allison. My name is Brooke Major-Reid. As Allison said, I'm Chief Capital Officer. I've been at Affirm just over 4 years. Capital at Affirm covers capital markets execution, all the things we do to fund the bu ...

Affirm (NasdaqGS:AFRM) FY Conference September 10, 2025 08:15 AM ET Company ParticipantsBrooke Major-Reid - CCOZane Keller - Head of Investor RelationsConference Call ParticipantsAllison Gelman - Research AnalystAllison GelmanAre we good to start? Great. Good morning, everyone. Thank you for joining us for our next Fireside Chat with Affirm here at the Barclays Global Financial Services Conference. My name is Allison Gelman, and I am a Research Analyst here at Barclays. Today, we have Brooke Major-Reid, Chi ...

BREAKING: Futures Mixed But Oracle Skyrockets On Blowout OutlookKlarna Group (KLAR), a rival of Affirm Holdings (AFRM) in the "buy now, pay later" market, priced its initial public offering above the expected range.The Klarna IPO sold 34.3 million shares at $40 a share vs. the targeted range of $35-$37. The Swedish payments company raised $1.37 billion, giving Klarna an initial valuation of $15.1 billion.KLAR stock will begin trading on the NYSE on Wednesday.Klarna argues that it's more of a digital bank th ...

Question-and-Answer SessionWilliam NanceGoldman Sachs Group, Inc., Research Division All right. So been a lot of talk about buy now, pay later recently. I wanted to kick it off with a bigger picture question on Affirm. You've scaled Affirm into a profitable U.S. consumer platform. You're putting up north of 30% growth. Merchants and consumers alike seem to be engaging with the product at an increasing rate, so higher transaction frequency with consumers, more merchant-sponsored offers to your customers. And ...

Question-and-Answer SessionWilliam NanceGoldman Sachs Group, Inc., Research Division All right. So been a lot of talk about buy now, pay later recently. I wanted to kick it off with a bigger picture question on Affirm. You've scaled Affirm into a profitable U.S. consumer platform. You're putting up north of 30% growth. Merchants and consumers alike seem to be engaging with the product at an increasing rate, so higher transaction frequency with consumers, more merchant-sponsored offers to your customers. And ...

Affirm (NasdaqGS:AFRM) 2025 Conference September 09, 2025 06:05 PM ET Company ParticipantsMax Levchin - Director, Founder & CEOWill Nance - Vice PresidentMax LevchinWe've distributed according to the market cap.Will NanceWe'll hope for the other end next time. All right. Thank you, everyone, for being here today. Will Nath, I cover payments in fintech here at Goldman Sachs. Joining us today, we're very excited to have Max Levchin, Founder and CEO of Affirm. Max, thanks for being here again this year. My sec ...