Affirm Holdings announced a partnership with home‑improvement retailer Lowe’s on February 17, 2026, allowing Lowe’s customers to use Affim’s payment plans at checkout both online and in the Lowe’s mobile app, and positioning Lowe’s prominently in the Affim marketplace.
The deal expands Affim’s merchant network into the home‑improvement vertical, giving the company access to consumers who frequently purchase high‑ticket items. While the partnership promotes 0% APR plans, rates can range up to 36% APR depending on eligibility, reflecting Affim’s broader pricing strategy.
The announcement did not specify a go‑live date, so it is unclear when customers can first use Affim at Lowe’s. The partnership is intended to complement Lowe’s existing MyLowe’s Rewards Credit Card and other financing options, adding another layer to the retailer’s payment solutions.
Affim’s strategy of building a high‑quality customer base through merchant‑subsidized payment plans is reinforced by this partnership. In the fourth quarter of fiscal 2025, Affim reported earnings per share of 20 cents and revenue of $876.4 million, a 33% year‑over‑year increase. In the second quarter of fiscal 2026, the company posted EPS of $0.37 and revenue of $1.1 billion, a 30% year‑over‑year surge, underscoring its move toward profitability.
"Affirm expands Lowe’s financial services portfolio, broadening the ways customers can pay in addition to our popular MyLowe’s Rewards Credit Card," said Brandon J. Sink, Lowe’s CFO. "From outfitting a workshop to taking on a long‑planned bathroom renovation, Affim helps Lowe’s customers confidently manage purchases with clear, transparent payment options. This partnership is about giving customers the flexibility to invest in their homes on terms that work for them," added Wayne Pommen, Chief Revenue Officer at Affim.
The partnership strengthens Affim’s position among buy‑now‑pay‑later providers, adding a major retailer to its network of nearly 478,000 merchants and diversifying its customer base. For Lowe’s, the new payment option is expected to enhance purchasing power and potentially boost sales in the home‑improvement segment.
Overall, the Affim‑Lowe’s partnership is part of Affim’s broader expansion strategy and reflects its improving financial performance, positioning the company for continued growth in the BNPL market.
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