Affirm and Shopify expand global partnership; exclusive US/Canada, plans UK entry

Affirm Holdings, Inc.

New multi-year agreement replaces prior deal; initial term to June 2028 with auto-renewals.
Affirm remains exclusive pay-over-time provider for Shop Pay Installments in US; extended to Canada.
Affirm to launch in Canada in coming months; plans to enter UK market as part of global expansion.
Merchants pay percentage plus fixed fee per sale; Affirm pays Shopify a fee on each transaction.
Partnership began in 2021; millions of US consumers use Shop Pay Installments on Shopify's network.

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