Adyen, the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to the U.K.
Adyen’s U.K. merchants looking to provide their customers access to flexible, pay-over-time plans can now seamlessly integrate and offer Affirm at checkout. Affirm provides consumers with a wider range of interest-free and interest-bearing installment options. Approved customers can select the customized payment plan that best suits their needs, and they will never incur any hidden or late fees.
“Adyen customers all over the globe are demanding best-in-class payment experiences to boost business and drive customer engagement, which is why we are expanding our partnership with Affirm into the U.K.,” said Nicole Olbe, Adyen's U.K. Managing Director. “We’ve seen how Affirm’s consumer-first payment options accelerate growth for our U.S. and Canadian merchants and help them meet customers’ individual needs at checkout. We’re excited to unlock greater opportunities for U.K. merchants, and greater flexibility for consumers, together with Affirm.”
"Businesses across many sectors in the U.K. rely on Adyen to drive growth; now they can benefit by offering Affirm’s more flexible, transparent, and long-term pay-over-time options to their customers," said Ruth Spratt, V.P. and U.K. Country Manager at Affirm. "By deepening our partnership with Adyen, we look forward to helping more merchants to grow their business, and more consumers pay over time on a schedule that works best for them, and always without any late or hidden fees."
Launched in November 2020, the partnership between Affirm and Adyen began by making Affirm available to eligible Adyen merchants in the U.S. through a merchant’s website or app and in-store through Adyen’s physical payment terminals. In that time, the partnership has experienced significant growth, including an increase in average annual volume by more than seven times from 2021 to 2023.
Today’s news follows another recent expansion of Affirm and Adyen’s collaborative efforts. In December 2024, the two made Affirm’s pay-over-time solutions available to Adyen for Platforms customers in the U.S. and Canada, as well as opened access for Adyen merchants in Canada to a wider range of Affirm’s offerings. It also follows Affirm’s November 2024 launch in the U.K. Affirm U.K. Limited (“Affirm”) is authorised and regulated by the Financial Conduct Authority.