Deutsche Bank resumed coverage on payments stocks, favoring high-quality fintech names like Affirm.

The entities involved

• Visa Inc. →

  American multinational financial services corporation

  • Morgan Stanley restated an overweight rating, Capital upped its target price, and TD Cowen reaffirmed a buy rating on Visa Inc.Mon 10:18
  • The Bank of Ghana maintained its policy rate while Visa and Access Bank launched a new payment service, coinciding with cocoa price adjustments in Ghana.Sat 18:37
• Mastercard →

  American multinational financial services corporation

  • Commonwealth Bank adjusts its payment processing programs following changes in Reserve Bank of Australia's policy, affecting card network fees.Sun 19:22
  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49
• Affirm →

  U.S. financial services company

  • Affirm is expanding internationally into new markets and strengthening its partnerships with major retailers like Costco and Shopify.Sun 14:36
  • Google Pay, Affirm, and Stripe have expanded their partnership to integrate Buy Now Pay Later (BNPL) options into Stripe Terminal.Sun 05:43

Related events

• Affirm and SoFi are fintech companies competing directly with traditional banks in the U.S. financial services sector.Aug 28
• Visa Inc. and Affirm are noted as major players in the payments landscape, with Affirm offering a disruptive BNPL model against Visa's network.Jun 8
• Fintech companies like Affirm and SoFi are competing directly with traditional banks in the U.S. financial services sector.Aug 18
• Affirm is expanding its business model by integrating into the checkout flows of major platforms including Shopify, Amazon, and Apple, competing in the Buy Now Pay Later (BNPL) space.Jun 7