Affirm

Affirm’s Steve McPhee recently joined Kevin Meigs of Visa and Justin Monk of FIS on a Money20/20 panel moderated by MacKenzie Sigalos of CNBC to discuss how modern payments and traditional banking are coming together to create a more flexible financial ecosystem — from BNPL to embedded finance. As Steve noted: “What’s changed is how people want to pay. People want to use digital wallets and physical cards — 80% of payments still happen in-store, and cards remain the form factor. That’s why we said, ‘Let’s take the power of Affirm and add it to existing debit cards and other ways people already pay.’”

"Credit in the US, consumer credit in particular, has the world’s easiest user interface, swipe and done, and the hardest underlying construct to understand… People are starved for clarity and a sense of control when it comes to access to credit." - Max Levchin Ten years after first taking the Money20/20 stage to challenge the status quo of credit, our CEO Max returned to deliver this year’s keynote — joined by PYMNTS CEO Karen Webster — reflecting on how Affirm’s mission to deliver honest financial products has reshaped the industry. As Karen shared, when it comes to Affirm: "It’s the predictability and the certainty of a payoff that has universal appeal. Affluent consumers use it. Gen Z and Millennials use it. Those who are paycheck to paycheck use it — all for different reasons and different use cases."

Recently, Affirmers across the country donated supplies to support HealthRIGHT 360, a non-profit dedicated to providing vital medical, mental health, and substance use services throughout the Bay Area. In just one hour, a team of employees in our San Francisco office used the donated supplies to assemble 158 hygiene kits to support the organization’s work with people experiencing homelessness. HealthRIGHT 360 is also a past recipient of a grant through our employee-led and funded non-profit, Affirm Cares. "It was inspiring to see Affirmers across the company come together by sending supplies, assembling kits, and supporting people in need. We’re proud to partner with HealthRIGHT 360 and back their vital work," shared Indigo P., Software Engineer and Vibrant Communities Committee Co-Lead for Affirm Cares. Thank you to every Affirmer who continues to show up for our communities and bring our values to life.

“Our interests are very much aligned with the consumer’s end interest and merchants’ end interest — we only get paid if the customers pay us back.” That alignment of interests is at the core of Affirm’s model — and it’s helping merchants of all sizes build customer loyalty and drive growth. In a conversation with CO— by U.S. Chamber of Commerce, our SVP of Product, Vishal Kapoor, discussed the latest trends in BNPL and what they mean for small businesses. He highlighted how products like the Affirm Card, for example, are unlocking new opportunities in-store by expanding choice and flexibility for customers. Check out the full piece here: https://lnkd.in/exKVYqbT

We’re proud to announce the expansion of our long-term capital partnership with New York Life Insurance Company, America’s largest mutual life insurer. Under the expanded agreement, New York Life will purchase Affirm’s installment loans on a forward-flow basis between now and December 2026. Affirm’s COO, Michael Linford, said: “We are proud to expand our relationship with such a trusted and forward-thinking partner in New York Life. Through our collaboration, we will be even better positioned to responsibly increase access to our flexible and transparent payment options.” New York Life Insurance Company’s Managing Director, Brendan Feeney, said: “As we continue to deploy capital to create lasting value for our policy owners, Affirm has distinguished itself by delivering superior credit outcomes that generate attractive returns. We’re excited to take this next step in our relationship, which exemplifies how we collaborate with industry leaders to invest in growing, high-quality assets.” Read more here from CNBC's MacKenzie Sigalos ▶️ https://cnb.cx/47iShWP  Learn more from Affirm here ▶️ https://bit.ly/4hFelOQ 

What happens when everyone has a PhD-level advisor in their pocket helping them shop – and decide how to pay? That’s what our SVP of Product, Vishal Kapoor, discussed at last month’s AI-Native Banking and Fintech Conference in Salt Lake City. He shared how Affirm’s honest, transparent payment plans will stand out in a world where shoppers turn to chatbots and AI agents. “We don’t charge late fees, and LLMs know that. We don’t charge compounding interest, and LLMs also know that,” he said. “When everyone will have a PhD-level [agent] in their pocket to advise them on what to buy, where to buy it, who to buy it from, and what’s the best way to buy it, Affirm will be at the forefront.” Check out the full panel below, and big thanks to Robert Savoie for moderating and Peter Renton for organizing the event. https://lnkd.in/eh5KTeBA

We’re proud to be recognized on the Fortune Best Workplaces for Women 2025 list! This award is a reflection of the workplace we’re shaping together and a reminder of our ongoing work to create an environment where growth is real and leadership is inclusive. As Krystal Mak, Staff Product Manager and Women@ ERG Co-Lead put it:   “Seeing women represented at all levels of Affirm leadership makes growth feel achievable, not aspirational—and Women@ creates space for genuine connection to support each other along the way.” https://lnkd.in/gtQkEg2e #BestWorkplacesForWomen

If you’re heading to Money20/20, don’t miss Affirm CEO Max Levchin on the main stage this Sunday! After founding Affirm, Max first took the Money20/20 stage in 2015 to challenge what was broken in credit. Ten years later, he returns for a closing keynote conversation with Karen Webster of PYMNTS reflecting on what’s defined Affirm’s approach, and to explore how credit, consumer expectations, and technology are evolving as the next era of payments takes shape. 🗓️ Sunday, October 26 at 6:15-6:40 PM PT 📍 Money20/20 Exchange Stage https://lnkd.in/g4JHs9wT

🚀 Big news! We’re expanding our partnership with Worldpay through a new integration with Worldpay for Platforms. Now, more than 1,000 SaaS companies using Worldpay for Platforms can easily enable Affirm for the businesses they serve — helping merchants grow and giving shoppers more flexible, transparent ways to pay ✨💵 Here’s what Matt Downs, President of Worldpay for Platforms, said about the partnership: “By making it easy to offer Affirm at checkout, we’re helping our software partners become the everything platform to their users while enhancing the customer experience…Affirm’s proven ability to deliver results for businesses and great experiences for consumers makes them an ideal BNPL partner for Worldpay for Platforms.” Read more here: https://lnkd.in/eeWTzxe8