BUZZ – Affirm, PayPal fall on report of Apple – Goldman plans...

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    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
 
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