Internet television network Netflix late Thursday edged analyst expectations for new subscribers in the fourth quarter but missed its own target. Read More...
Motley Fool
Affirm: Great Idea, Not-So-Great Company
Affirm and its “buy now, pay later” rivals allow consumers to pay for items in scheduled instalments, instead of using a traditional credit card. Credit card companies like Mastercard and Visa make money by charging their customers compounding interest and late fees. For 0% financing, Affirm makes money by charging merchants fees to use its services; those shops pay up in hopes that Affirm’s flexible payment options will encourage customers to buy from them.
