Affirm Holdings (NASDAQ:AFRM) stock soars 16% after Target (TGT -0.6%) said it’s partnering with the “Buy Now, Pay Later” company to allow customers to pay for purchases in installments in time for the holiday shopping season.
The retailer also said it’s also adding Sezzle as a way for customers to pay for purchases over time.
“Through our partnerships with Affirm (AFRM) and Sezzle, Target is investing in new financial tools that make our shopping experiences more flexible and personalized to guests’ needs, right in time for the holiday season,” said Gemma Kubat, Target’s (NYSE: TGT) president of financial and retail services.
Source: Seeking Alpha
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