Affirm's Bull Run: More Than Just a Financials Story The recent surge in Affirm Holdings' stock price, thanks to Goldman Sachs' upbeat assessment, has sent shockwaves through the fintech market.
As one of the largest Buy Now, Pay Later (BNPL) platforms, Affirm's growth prospects are being closely watched by investors and analysts alike.
A closer look at Affirm's latest quarterly results reveals a story that goes beyond just financials. The company's increasing reliance on interest bearing loans is a key driver behind Goldman Sachs' optimistic outlook.