Affirm and Shopify Expand Exclusive Partnership to Canada with Plans for U.K. Entry

The renewed multi-year agreement makes Affirm the exclusive pay-over-time provider for Shop Pay Installments in the U.S. and Canada, with global expansion on the horizon.

• Affirm will remain the exclusive provider of pay-over-time services for Shop Pay Installments in the U.S. under the renewed partnership with Shopify.
• The agreement extends Affirm's exclusivity to Shopify's home market of Canada, where eligible merchants will soon offer flexible payment plans at checkout.
• Shopify merchants in Canada will provide approved shoppers with biweekly or monthly payment options, with rates as low as 0% APR and no hidden fees.
• The companies revealed plans to expand their partnership into new global markets, with the U.K. identified as a near-term target for entry.
• Affirm's CEO, Max Levchin, highlighted strong global demand for the service and emphasized the partnership's role in driving merchant growth and consumer flexibility.

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Financial Post Benzinga WWD