Payment Network Affirm Will Allow Customers to Buy and Sell Crypto

The fintech company unveiled its plans as part of its Investor Forum.

AccessTimeIconSep 28, 2021 at 9:33 p.m. UTC
Updated May 11, 2023 at 7:05 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Affirm Holdings Inc., the publicly traded provider of payment services, plans to allow customers to buy and sell crypto, according to a presentation posted Tuesday on the company’s website.

  • The fintech company made the announcement as part of its Investor Forum.
  • The news was first reported by Bloomberg.
  • Affirm joins other companies such as PayPal, which last year gave customers the ability to buy, sell and hold cryptocurrency. Last month PayPal extended its crypto service to the U.K., allowing customers to buy, sell and hold four different cryptocurrencies on its platform.
  • For its recently completed 2021 fiscal year, Affirm notched revenue of $870.5 million, a 71% increase over the previous year.
  • What a New U.S. Consumer Watchdog Proposal Could Mean for Crypto Payments
    01:15
    What a New U.S. Consumer Watchdog Proposal Could Mean for Crypto Payments
  • PayPal Facing SEC Subpoena Linked to Stablecoin Could Be a 'Power Grab,' Former Paxos Exec Says
    10:57
    PayPal Facing SEC Subpoena Linked to Stablecoin Could Be a 'Power Grab,' Former Paxos Exec Says
  • 'Santa Rally' Could Spark Bitcoin to $56K by Year-End; PayPal Faces SEC Inquiry
    02:16
    'Santa Rally' Could Spark Bitcoin to $56K by Year-End; PayPal Faces SEC Inquiry
  • SEC Is 'Poking and Prodding Around' With PayPal Subpoena: Analyst
    00:48
    SEC Is 'Poking and Prodding Around' With PayPal Subpoena: Analyst
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Josh Fineman

    Josh Fineman is CoinDesk's Senior Wall Street Reporter, covering the intersection of crypto and traditional finance.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.