Intuit Affirm Partnership Tests Growth Potential After Sharp Share Price Pullback
- Intuit announced an exclusive multi year partnership with Affirm to integrate pay over time options directly into QuickBooks Payments.
- The new feature will let small and mid sized businesses offer customers buy now, pay later at checkout while receiving funds upfront.
- Affirm will take on repayment risk and handle underwriting, with no additional technical build required for QuickBooks users.
For investors watching Intuit (NasdaqGS:INTU), this move comes as the stock trades at $434.09, with a 3 year return of 3.5% and a 5 year return of 14.4%. More recently, the shares show a 20.4% decline over the past week and a 31.0% decline over both the past month and year to date, which may shape how the market reads new product announcements…
