Affirm Holdings Inc reported a 71 percent rise in quarterly revenue on Thursday, driven by a rise in the number of merchants and active consumers on its buy-now-pay-later platform.
Total revenue rose to $261.8 million during the fourth quarter ended June 30, from $153.3 million, a year earlier.
By Sohini Podder and Akanksha Rana
Paying for purchases in instalments has quickly become ubiquitous online. But Klarna, Affirm and the other fintech players that dominate the space have loftier goals.