Affirm raises growth floor to 30%, unveils new AI underwriting model
Photo: Crypto Briefing
The buy now, pay later lender posted 34% GMV growth and says a transformer-based credit model is approving more shoppers without raising losses Affirm just told investors to expect more. The buy now, pay later provider raised its full-year growth floor for fiscal 2027 to at least 30%, after a first quarter in which gross merchandise volume climbed 34% year over year. The company also introduced a new AI underwriting model that it says approves more borrowers while keeping credit losses flat. Gross merchandise volume, or GMV, measures the total dollar value of purchases running through Affirm’s platform.
Source: Crypto Briefing
