Affirm Holdings’ (AFRM) stock soared on Wednesday after the buy-now-pay-later firm announced a partnership with Amazon (AMZN) Pay.
The deal will allow merchants who use Amazon Pay to offer Affirm’s “Adaptive Checkout” which allows customers to pay their bills over time. The technology is already available on Amazon.com and the Amazon mobile app.
Affirm shares soared as much as than 20% on the news during Wednesday’s trading session.
Source: Finance.Yahoo