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Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

1. Affirm partners with JPMorgan to offer buy now, pay later services. 2. Affirm loans available from 30 days to 60 months for consumers. 3. Affirm competes with Klarna in the growing buy now, pay later sector. 4. Demand for flexible payment options is currently high among merchants and customers. 5. This partnership expands Affirm's existing relationship with the largest U.S. bank.

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FAQ

Why Bullish?

The partnership could significantly boost Affirm's transaction volume and visibility, enhancing revenue potential similar to past fintech collaborations that propelled stock prices higher.

How important is it?

The collaboration with JPMorgan directly impacts Affirm's operational capabilities, likely improving market position and financial outcomes.

Why Short Term?

The immediate increase in merchant partnerships will likely lead to quicker revenue impacts, as evidenced by similar deals benefiting other payment providers rapidly.

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