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Affirm Holdings Inc - AFRM stock analysis | NakedTrader
Affirm Holdings - AFRM stock analysis
Based on technical analysis I will chart Affirm Holdings Inc / AFRM stock and find support and resistance levels. So lets start with today's chart!
Affirm Holdings, Inc.: Affirm is a financial technology (fintech) company that provides point-of-sale financing and "buy now, pay later" (BNPL) solutions to consumers. It allows shoppers to make purchases at participating online and brick-and-mortar retailers and pay for them over time through fixed installment plans.
Origin and Background:
* Affirm was founded in 2012 by Max Levchin, a co-founder of PayPal and a prominent entrepreneur in the tech and finance industries. The company's headquarters are located in San Francisco, California.
Key Features and Services:
* Affirm partners with various retailers to offer consumers the option of financing their purchases. When making a purchase, customers can choose Affirm as their payment method and then select the repayment term that suits them best.
* Affirm offers transparent and simple financing terms, with no hidden fees or late charges.
* Customers are provided with clear information about the total cost of their purchase and the installment amounts before completing the transaction.
Online Shopping and Retail Partnerships:
* Affirm's services are primarily used for online shopping, but the company has also expanded into partnerships with brick-and-mortar retailers to offer BNPL options at physical stores.
Public Listing:
* Affirm Holdings, Inc. went public through an initial public offering (IPO) on the NASDAQ stock exchange under the ticker symbol "AFRM." The IPO took place in January 2021.
BNPL Industry Growth:
* The BNPL industry, in which Affirm operates, has gained significant popularity and growth in recent years as consumers seek flexible payment options when shopping.
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Chapters
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00:00 ⏩ Intro
00:22 ⏩ Affirm Holdings - AFRM stock analysis
05:22 ⏩ Thanks and Goodbye + Outro
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*Disclaimer*
Please be advised that the content of my videos are intended FOR EDUCATIONAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.
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