- Affirm ( NASDAQ: AFRM ) extends its services on Amazon ( AMZN ) with the introduction of pay-over-time option to customers in Canada.
- The California-based fintech stated Thursday the customers who select Affirm as a payment option during checkout on Amazon.ca will go through a quick, free soft credit check that could allow them to split their purchases of $50 or more into simple monthly payments.
- Option is scheduled to go live on Amazon to Canada site in both English and French within the next month.
- Earlier in the day, Block (NYSE: SQ ) stock has weakened 1.2% in Thursday premarket trading after Mizuho analyst Dan Dolev downgraded the fintech to Neutral from Buy as he sees several factors, including "Buy Now Pay Later" mis-execution, hindering the company's growth.
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Affirm launches pay-over-time credit option on Amazon Canada