Affirm to Broaden Buy Now, Pay Later Options for Rent Payments

Financial Sector Performance: The financial sector has underperformed recently, with the S&P 500 experiencing a loss of 2.73%, despite some companies like BlackRock reporting strong earnings growth.

Emerging Trends in BNPL: Buy Now, Pay Later (BNPL) services are gaining popularity, particularly among younger generations, with a projected annual growth rate of 27% from 2025 to 2033.

Affirm's New Services: Affirm Holdings is expanding its services to include rent payment options, allowing customers to split their monthly rent into two equal payments with no interest or fees.

Market Outlook for Affirm: Affirm has recently achieved profitability and is receiving positive ratings from analysts, indicating potential for significant growth in the coming years.