News From the Buy-Now, Pay-Later Industry

News From the Buy-Now, Pay-Later Industry

September 19, 2021 Off By administrator

On the heels of its recently announced partnership with Amazon (NASDAQ:AMZN), buy-now, pay-later (BNPL) company Affirm (NASDAQ:AFRM) just released some pretty impressive results. And elsewhere in the BNPL space, PayPal (NASDAQ:PYPL) just announced its planned acquisition of a leader in the Japanese market that could have global implications for the business. Plus, host Jason Moser and Fool.com contributor Matt Frankel, CFP, each discuss a stock they have on their watchlists right now.

To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.

This video was recorded on Sept. 13, 2021.

Jason Moser: It’s Monday, Sept. 13. I’m your host, Jason Moser. On this week’s Financials show, we’ll dig into Affirm’s most recent earnings report. PayPal is making an acquisition in the buy-now, pay-later space, and we’ve got a couple of stocks we’re watching that we’ll talk about, too. Joining me, it’s Certified Financial Planner — and he’s a happy football fan today, because his Gamecocks and his Eagles both won over the weekend. It’s Matt “Touchdown” Frankel. Matt, how’s it going?

Matt Frankel: Good. I can broadcast the Gamecock alliance. I usually can’t keep the fact that I’m an Eagles fan to myself. [laughs] People hear that and just assume certain things about it.

Moser: Man, I tell you, the NFL, I can ruffle some feathers. Man, no pun intended, in all honesty, we need some serious loyal fan bases out there. We need a little bit of the day when we can just agree to disagree and still move forward. Whatever happened to those days?

Frankel: The Eagles are a little polarizing, but they did look dominant.

Moser: They are. That’s funny. Real quickly, I grew up at Dallas Cowboys fan, In South Carolina, there was never a home team, so to speak, and the Cowboys were always on TV, so that was just the team I always watched. My wife, several years back, got me a ticket to go see the Cowboys play the Eagles. The Cowboys were out of the season, it was over for them, but it was just a chance to go see an NFL game. So I drove up to Philly to go see the game, and I swear to you, there was no way in the world I was letting anyone know that I was actually pulling for the Cowboys, because I was afraid I might not make it out of there alive. That’s a rough place to go see a game, man.

Frankel: Yes, it is. I miss it up there, I tell you.

Jason Moser: It was a lot of fun. It’s an electric environment for sure.

Matt, last week, Affirm reported earnings for the quarter, and that was on top of a very positive headline of a relationship they just developed with Amazon. But all in all, Affirm shareholders are going to be feeling really good about where the company is going right now. A lot of positive news out there, and the results from the most recent quarter certainly support that….

(Excerpt) To read the full article , click here
Image credit: source