Affirm Partners with Lowe's for New Payment Plans
Earlier, Affirm (AFRM) and Lowe's (LOW) announced a new partnership through which Affirm will offer Lowe's shoppers its payment plans online and in Lowe's mobile app. "Lowe's will also be prominently featured in the Affirm marketplace, expanding reach to Affirm's network of engaged shoppers," the companies noted. "From outfitting a workshop to taking on a long-planned bathroom renovation, Affirm helps Lowe's customers confidently manage purchases with clear, transparent payment options. This partnership is about giving customers the flexibility to invest in their homes on terms that work for them," said Wayne Pommen, Chief Revenue Officer at Affirm.