Affirm Lands Exclusive Multi-Year Pay-Over-Time Deal With Sam's Club
AFRM sits 74% above its 52-week low of $42.095.
Summary
Affirm signed an exclusive multi-year pay-over-time agreement with Sam's Club, Walmart's warehouse club chain. The partnership launches on samsclub.com first, with plans to extend into club locations in 2027. This is a meaningful merchant win for Affirm, which management has said still covers only a fraction of the largest e-commerce sites — the earnings call in late August flagged that just 80 of the top 250 were live. Adding a Walmart-owned banner deepens Affirm's reach into a high-ticket, membership-driven retail base. Walmart (WMT) is the parent of Sam's Club and the counterparty here, but the financial impact lands primarily on Affirm's merchant network and GMV. Watch the 2027 in-club rollout for the volume step-up.
At the time of this announcement, AFRM was trading at $73.17 on NASDAQ in the Finance sector, with a market capitalization of approximately $24.7B. The 52-week trading range was $42.10 to $90.44. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.