US FinTechAffirm is returning to Australia through an expanded partnership with Shopify, bringing Shop Pay Installments to Australian merchants for the first time.
Fintech is Friday’s sympathy trade, driven by Bitcoin‘s (CRYPTO:BTC)’s breakout pulling capital into retail brokerages and crypto-linked fintech corners. The move is uneven across the group, with crypto exposure setting the ranking.
SoFi and Upstart each remain down 33% year to date despite Wednesday’s rally, as falling Treasury yields rather than any company news drove the 6 to 8% fintech rebound.
