Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm shares ended 2022 down 90%, wiping out billions of dollars in market value. Affirm investors are wrapping up 2023 in a much different mood. The … Read more
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Due to the U.S. holiday, this is an abbreviated edition. Buy now, pay later comeback Both Klarna and Affirm — … Read more
LIMA, Peru — A Peruvian decide on Tuesday affirmed this week’s deliberate extradition to the U.S. of the principle suspect within the unsolved 2005 disappearance of American pupil Natalee Holloway. The decide’s ruling got here lower than 24 hours after the legal professional for Dutchman Joran van der Sloot filed a writ of habeas corpus … Read more