This One Number Was the Biggest Deal in Affirm's Earnings Report

Fintech, or financial technology, is a growing industry that got a huge push from the pandemic. Even with stores now mostly open again, shoppers are continuing to use digital payment options, and that's great for the many fintech companies developing digital solutions for a better financial experience.

Affirm Holdings (NASDAQ: AFRM) is one such company. It provides "buy now, pay later" plans with no late fees for customers, as well as savings accounts. The company posted a mostly excellent third-quarter earnings report, but there was one crucial number in the report released last week that investors and potential investors need to pay attention to.

Image source: Affirm Holdings.

Continue reading


Source Fool.com