Affirm Set To Drive GMV Growth From Lower Interest Rates And Apple Pay Partnership – Analyst Upgrades Stock – Yahoo Finance

Analyst Upgrades Stock as Affirm Looks to Boost GMV Growth with Lower Interest Rates and Apple Pay Partnership

An analyst has upgraded the stock of Affirm, a leading financial technology company, citing potential growth drivers such as lower interest rates and a partnership with Apple Pay. The analyst believes that these factors will help drive Affirm’s Gross Merchandise Volume (GMV) growth in the near future.

Affirm’s partnership with Apple Pay is seen as a significant opportunity for the company to expand its customer base and increase transaction volume. By integrating with Apple Pay, Affirm can offer a seamless and convenient payment option to millions of Apple users, potentially driving higher GMV.

Additionally, the recent decrease in interest rates is expected to benefit Affirm by making its buy now, pay later services more attractive to consumers. Lower interest rates could incentivize more customers to use Affirm’s services for their purchases, further boosting the company’s GMV.

Overall, the analyst is optimistic about Affirm’s growth prospects and believes that the company is well-positioned to capitalize on these opportunities. As a result, they have upgraded their rating on the stock. Investors will be watching closely to see how Affirm leverages these growth drivers in the coming quarters.