Business ModelAffirm's business model has diversified and strengthened from its earliest days as a 'pay-in-4 / 0%' lender to a more balanced revenue, credit, and customer mix.
Market ShareSecular tailwinds in favor of BNPL and Pay-in-4 offerings combined with AFRM's impressive distribution with major e-commerce platforms should drive strong market share gains.
Regulatory ComplianceThe new reporting and disclosure requirements are seen as incrementally positive for Affirm, which already complies with the rules while selected competitors may be forced to adapt.