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Partnerships
Affirm collaborates with Apple to expand product reach
Buy Now, Pay Later
Jun 11, 2024
This week:
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Precision Medicine
Yesterday
Partnerships
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Precision Medicine
Yesterday
Partnerships
Myriad Genetics and Personalis cross-license patents for tumor-informed cancer treatment tests
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Funding
Element Biosciences raises USD 277 million in Series D funding to commercialize AVITI DNA sequencer and support AVITI24 launch
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Yesterday
Funding
Jacobi Robotics raises USD 5 million in seed funding to expand capacity
Smart Factory
Yesterday
M&A
Formlabs acquires Micronics for undisclosed sum to develop next-generation SLS printers
Additive Manufacturing
Yesterday
Partnerships
Anthropic partners with Amazon Bedrock to fine-tune Claude 3 Haiku model
Foundation Models
Yesterday
Funding
Lemon.markets raises EUR 12 million in funding to support growth
FinTech Infrastructure
Yesterday
M&A
Kipu Quantum acquires PlanQK platform to enhance accessibility to quantum computing solutions
Quantum Computing
Yesterday
Partnerships
Quantinuum and STFC Hartree Centre partner to enhance quantum computing accessibility in UK
Quantum Computing
Yesterday
Buy Now, Pay Later

Buy Now, Pay Later

Jun 11, 2024

Affirm collaborates with Apple to expand product reach

Partnerships

  • Affirm, a BNPL platform, has partnered with Apple to offer Apple Pay users flexible payment options through Affirm at checkout with the release of Apple's latest operating systems, iOS 18, macOS Sequoia, and others, this fall.

  • Affirm can leverage Apple Pay’s customer base through this collaboration to increase its BNPL product reach. 

  • Analyst QuickTake: Over a year ago, Apple launched Apple Pay Later to transact between USD 50 to USD 1,000 in purchase value and pay over four equal payments without interest or late fees. Despite Apple’s standalone BNPL offering, the company seeks partnerships with leading BNPL providers, such as Affirm, to benefit from its underwriting technology and innovative offerings like Pay in 2 and Pay in 30 options , which Affirm launched last week to enhance payment flexibility for its users.

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