Affirm and Shopify Expand Partnership to Launch BNPL Services in Australia
Key Facts
In a move reflecting the accelerating expansion of the global fintech sector, Affirm and Shopify have announced the launch of Shop Pay Installments in the Australian market. This expanded partnership aims to provide flexible payment options, allowing shoppers to pay over time without hidden fees. The initiative seeks to capitalize on the growing popularity of Buy Now, Pay Later (BNPL) services in the region.
This expansion builds on the previous successful launches in the US, Canada, and the UK, as Shopify continues to strengthen its integrated payment ecosystem. According to market data, Affirm (0VHA.L) closed at $149.26 on August 24, 2026, having reached a day high of $151.58 prior to this announcement.
Investors are now watching how this expansion will impact transaction volumes in Australia, particularly following the recent Australian Services PMI reading of 52.9. With the 0VHA.L stock at its August 24, 2026 close levels, market participants will look toward upcoming performance reports to gauge the impact of this international growth on retail revenue.