The fast-growing buy now, pay later (BNPL) provider Affirm exceeded its own expectations Thursday (Sept. 9) as it delivered fiscal fourth-quarter results that showed continued uptake of its popular installment plan financing offers now being made at the point of sale, while its roster of active consumers nearly doubled over the past year.
For the three months ending June 30, Affirms top-line revenue came in at nearly $262 million, up 71% year on year, far outpacing the Street at about $225 million.