Affirm

© Reuters. FILE PHOTO: U.S. President Joe Biden listens as he meets with Finland's President Sauli Niinisto to discuss "Russia's attack on Ukraine, in the Oval Office at the White House in Washington, U.S., March 4, 2022. REUTERS/Evelyn…

Shares in Affirm, one of the largest “buy now, pay later” providers, plunged more than 20 per cent late on Thursday after the company prematurely tweeted out partial financial results that revealed widening losses. The company had…

The ‘buy now, pay later’ credit industry would benefit from more regulation to help standardise an increasingly crowded market, the chief executive of US consumer lender Affirm has told the Financial Times. BNPL soared in popularity…