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1065 After Rebound, Affirm Eyes Path to Profits

The Information
Mark Matousek @ The Information · 01/08/2024 09:00 EDT

After Rebound, Affirm Eyes Path to Profits

Affirm was among last year’s top stock market performers, as the company narrowed its losses and investors cheered deals with Amazon and Walmart that expanded the lender’s reach with shoppers. That marked a dramatic rebound from 2022, when rising interest rates upended Affirm’s business.

But while Affirm’s revenue growth has recently rebounded, the company remains unprofitable, and it is still figuring out the best way to lend money profitably while interest rates remain high. To that end, it’s been adjust

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