Zinger Key Points
- Klarna announces a partnership with OnePay to offer installment loans at Walmart.
- Affirm had been the exclusive provider of installment loan services for Walmart customers since 2019.
- Next: Get access to a new market-moving chart every day featuring a stock flashing clear technical signals. See today's pick now.
Affirm Holdings Inc AFRM shares are trading lower Monday after competitor Klarna announced a partnership with OnePay to offer installment loans at Walmart Inc WMT locations across the United States.
What Happened: AI-powered payments and commerce network provider Klarna announced a partnership with consumer finance app OnePay to exclusively offer installment loan services for purchases at U.S. Walmarts. The new partnership will provide payment options for thousands of Walmart items online and in stores.
Klarna said the new offering will be directly integrated inside Walmart at checkouts later this year. OnePay is already integrated inside of Walmart channels and will expand its offering to add installment loans with repayment terms ranging from three to 36 months. Consumers will be able to manage their loans inside the OnePay app.
“This is a game changer. Millions of people in the U.S. shop at Walmart every day — and now they can shop smarter with OnePay installment loans powered by Klarna,” said Sebastian Siemiatkowski, co-founder and CEO of Klarna.
Affirm and Klarna are two of the world’s largest buy now, pay later providers. The exclusive deal with Walmart means Affirm will no longer provide loan installment services for the retailer. Affirm had been the exclusive provider of installment loan services for Walmart customers since 2019.
See Also: 4 Auto Stocks Set To Benefit From Trump’s Tariffs
AFRM Price Action: Affirm shares were down 7.13% at $46.51 at the time of publication Monday, according to Benzinga Pro.
Photo: courtesy of Affirm.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.