The buy now, pay later (BNPL) company continues to benefit from consumer preferences for its services along with a recent partnership with Amazon. According to the Consumer Financial Protection Bureau, the number of BNPL loans originated in the U.S. from the top five companies grew 970% from 2019 to 2021. From 2020 to its most recent 2023 earnings (for the fiscal year ended June 30), Affirm's net revenue grew 212% to $1.6 billion.
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