Affirm partners with Shopmonkey for flexible auto repair payment plans, positive for Affirm stock.

From Yahoo Finance: 2025-06-28 13:29:00

Affirm Holdings Inc. (NASDAQ:AFRM) partners with Shopmonkey, offering customers flexible payment plans for auto repairs in the US and Canada. Affirm’s share price has risen by 40% in the past quarter. The company has returned to profitability and expanded partnerships with major companies like Costco and Williams-Sonoma in Canadian markets. Affirm operates a payment network in the US, Canada, and internationally, while Shopmonkey is a cloud-based auto shop management platform.

The partnership aims to empower small to medium-sized auto shops by providing customers with accessible payment options. Affirm’s total shareholder return has increased by 248.32% over the past 3 years, outperforming the broader US Market and the Diversified Financial industry in the last year. Despite the potential of AFRM as an investment, some AI stocks may offer greater upside potential with less downside risk.

An entrepreneur launches her new brand on the company’s platform, exuding confidence and joy. Affirm’s partnership with Shopmonkey makes it a default pay-over-time option for auto repair bills, allowing customers to split payments into flexible plans with low interest rates and no hidden fees. The company’s strong investor confidence is evident in its rising share price and strategic partnerships.



Read more at Yahoo Finance: Affirm, Shopmonkey Partner to Revolutionize Auto Repair Payments