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Affirm Stock Explodes More Than 40% After Announcing Amazon Partnership

Affirm Holdings said Friday that its buy-now-pay-later offerings are coming to Amazon.com. The stock exploded Monday before the market’s open.

The company said it’s currently testing its flexible payment service on Amazon (ticker: AMZN) and plans to widely debut the option in the coming months. If a customer is approved, Affirm will offer monthly payments for purchases of $50 or more.

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