BUZZ – Affirm, PayPal fall on report of Apple – Goldman plans for 'buy now, pay later' service
- * Fintech firm Affirm Holdings Inc's shares down 11% at $57.93, while PayPal Holdings Inc falls 0.9%
- * IPhone maker Apple Inc with Goldman Sachs Group
Inc is working on a service that will allow users to repay Apple Pay purchases in installments over time – Bloomberg
News ...- * GS will serve as the lender for the loans necessary for installment offerings - report
- * AAPL's service would rival "buy now, pay later" services popularized by companies such as Australia's Afterpay Ltd , Zip Co Ltd's Quadpay and Sweden's Klarna
BUZZ – Affirm, PayPal fall on report of Apple – Goldman plans...
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