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Affirm
2.0
based on 1 Review
About Affirm
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Affirm Ratings
based on 1 reviews
Overall Rating
2.0/5
How AmbitionBox ratings work?
5
0
4
0
3
0
2
1
1
0
Category Ratings
5.0
Work-life balance
4.0
Salary
3.0
Work satisfaction
2.0
Promotions
1.0
Company culture
1.0
Job security
1.0
Skill development
Affirm is rated 2.0 out of 5 stars on AmbitionBox, based on 1 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Compare Affirm with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.0/5 based on 1 reviews | 3.7/5 based on 89.3k reviews | 3.7/5 based on 52.8k reviews | 3.8/5 based on 56.1k reviews |
Highly Rated for | Work-life balance Salary | Job security Work-life balance | Job security | Skill development Job security Company culture |
Critically Rated for | Skill development Job security Company culture | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 61% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 25.8k women | 3.8 Good rated by 15.1k women | 3.9 Good rated by 21k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 58.2k men | 3.7 Good rated by 35.3k men | 3.8 Good rated by 32.5k men |
Job security | 1.0 Bad | 4.5 Good | 3.8 Good | 3.8 Good |
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Affirm Salaries
Affirm salaries have received with an average score of 4.0 out of 5 by 1 employees.
Business Development Executive
(2 salaries)
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₹2.8 L/yr - ₹3.6 L/yr
Process Associate
(2 salaries)
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₹2.6 L/yr - ₹3.3 L/yr
Senior Business Development Executive
(2 salaries)
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₹3.6 L/yr - ₹3.6 L/yr
HR Generalist
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Senior HR Executive
(1 salaries)
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₹2.2 L/yr - ₹2.8 L/yr
Soft Skills Trainer
(1 salaries)
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₹9 L/yr - ₹11.5 L/yr
HR Executive
(1 salaries)
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₹1.3 L/yr - ₹1.6 L/yr
Affirm News
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Affirm Partners With Shopify and Becomes Exclusive Pay-Over-Time Provider in US and Canada
- Affirm will continue to be the exclusive pay-over-time provider for Shop Pay Installments in the US and Canada.
- The partnership between Affirm and Shopify will expand into Canada, with plans to reach the UK and beyond.
- Eligible Shopify merchants in Canada will soon offer Shop Pay Installments powered by Affirm at checkout.
- Customers will have access to customized payment plans with low rates, long terms, and no hidden fees.
The Fintech Times | 25 Feb, 2025
Platforms Use Cards and Deposits to Become Alternatives to Traditional Banks
- FinTechs like Block, Affirm, SoFi, and PayPal are leveraging digital solutions and products to offer consumers an alternative to traditional banks.
- These platforms are expanding their financial services to include cards, buy now pay later (BNPL), and direct deposit offerings.
- Block's Cash App Card has gained popularity, with 25 million monthly active users and a 25% increase in Cash App paycheck deposit monthly active users.
- Affirm's gross merchandise value (GMV) tied to its Affirm Card grew 113% to $845 million, and it now has approximately 1.7 million cardholders.
Pymnts | 25 Feb, 2025
Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
- Fintech companies like Block, PayPal, and Affirm are expanding their services to become virtual all-in-one banks, targeting digital-first consumers.
- Square, now known as Block, is diversifying its offerings to include payment services, money transfers, and investments in bitcoin.
- Affirm, founded by Max Levchin, is focusing on lower-cost installment loans and has seen significant growth in revenue and user base.
- PayPal, under CEO Alex Chriss, is working on monetizing products like Venmo and introducing new services like fast checkout features.
- Block acquired Afterpay to venture into the buy now, pay later market, competing with companies like Affirm.
- Affirm is expanding into debit cards and forming partnerships with traditional banks like FIS.
- PayPal has introduced initiatives like PayPal Everywhere and Fastlane to drive debit card adoption and boost merchant retention.
- These fintech companies are aiming for growth while maintaining profitability in a competitive financial services landscape.
- The companies are investing in compliance, support, and risk management to enhance customer engagement and expand their financial tools.
- The evolution of fintechs like Block, PayPal, and Affirm signifies a shift towards offering comprehensive financial services in the digital banking realm.
CNBC | 22 Feb, 2025
Affirm and Shopify Expand Pay-Later Pact to Canada and UK
- Buy now, pay later network Affirm has expanded its partnership with Shopify.
- Affirm becomes the exclusive pay-over-time provider for Shopify's Shop Pay Installments program in the US and Canada.
- The partnership is set to expand into the UK in the future.
- Shopify merchants will be able to offer Affirm's payment option, allowing customers to make customized biweekly or monthly installments.
Pymnts | 21 Feb, 2025
Whale watch: Reddit stock has nearly tripled in recent months, and one major hedge fund made a $1 billion bet last quarter as it soared
- Coatue Management, a major hedge fund, revealed a $1 billion stake in Reddit stock in the fourth quarter.
- Reddit stock has nearly tripled since October, driven by solid earnings.
- The hedge fund's Reddit stake is worth around $1.2 billion, showing a year-to-date gain of $141 million.
- Coatue also reduced its Chinese stock holdings and established new positions in Charles Schwab, Affirm, Okta, and Datadog.
Insider | 19 Feb, 2025
Upstart and Affirm Rally, BILL Plummets on Earnings as FinTech IPO Index Adds 2.4%
- BILL shares plummeted by 36.9% due to slower revenue growth and guidance below expectations.
- Upstart shares surged by more than 29% driven by strong loan originations and improved recovery of delinquencies.
- Affirm's earnings led to a 28.4% increase in stock, driven by higher GMV and increased market share.
- OneConnect shares surged 28.4% as the company launched its AI Agent Platform for the banking industry.
Pymnts | 14 Feb, 2025
FIS Targets ‘Money in Motion’ Growth and Announces Affirm Debit Card Pact
- FIS announced a partnership with payment network Affirm, allowing FIS debit processing bank clients to integrate Affirm's pay-over-time solution into their existing debit card program.
- FIS' Banking Solutions revenues increased by 2% year on year, reaching $1.7 billion, while the Capital Markets segment saw 9% adjusted revenue growth to $821 million.
- FIS expects 3.7% to 4.4% adjusted revenue growth in the current year for Banking and 6.5% to 7% gains in Capital Markets adjusted revenues.
- However, FIS' shares slid by 17% in early trading after net income forecasts for the fourth quarter came in below Wall Street expectations.
Pymnts | 12 Feb, 2025
Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS
- Affirm has partnered with FIS to offer its buy now, pay later service to banking clients.
- Banks partnering with FIS can provide their own version of the Affirm Card to customers.
- Consumers can access biweekly and monthly installment plans tied to their existing checking accounts.
- Affirm aims to provide alternatives to credit and expand its offerings in the debit market.
CNBC | 11 Feb, 2025
Pinterest, Affirm Surge on Earnings as CE 100 Index Gains 1.3%
- The CE 100 Index gained 1.3% buoyed by positive earnings reports.
- In the Shop segment, Pinterest's stock surged 20.9% driven by strong financial performance and growing popularity with Generation Z.
- Affirm's stock soared 23% in the Pay and Be Paid segment as the company reported double-digit growth in its active consumer base and significant gains in merchant share of cart and 0% APR monthly installment GMV.
- Meanwhile, PayPal's decline by 12.9% tempered the gains in the Pay and Be Paid segment, as the company's earnings showed slower growth in total payment volumes and transaction revenue.
Pymnts | 10 Feb, 2025
Affirm shares soar 20% on revenue beat, surprise profit during holiday period
- Affirm shares jumped 20% after the company beat revenue forecast and posted a surprise profit.
- Earnings came in at 23 cents per share, surpassing the expected 15-cent-per-share loss.
- The company reported $866 million in revenue, reflecting 47% year-over-year growth.
- Affirm plans to achieve GAAP profitability by the end of its fiscal fourth quarter.
CNBC | 7 Feb, 2025
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Affirm FAQs
What are the pros and cons of working in Affirm?
Working at Affirm comes with several advantages and disadvantages. It is highly rated for work life balance and salary & benefits. However, it is poorly rated for skill development, job security and company culture, based on reviews on AmbitionBox.
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