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Levchin Touts ‘Network Effects' as Affirm Card Volumes Surge 135%
AffirmAffirm(US:AFRM) PYMNTS.com·2025-11-07 08:43

0% APR installment volumes grew 74% as more than 40,000 merchants funded interest-free offers, a strategy CEO Max Levchin said “creates real network value” for both merchants and consumers.Network and merchant expansion drove 42% GMV growth to $10.8 billion, with nearly half from direct merchant integrations and a third from direct-to-consumer channels.Affirm opened fiscal 2026 with a first quarter marked by record volumes, profitable growth and an extended partnership with Amazon, which has now been given ...