Payment company Affirm announces the closure of its cryptocurrency payment business

ChainCatcher news, the payment network Affirm (AFRM) is shutting down its cryptocurrency service Affirm Crypto, which was launched in 2021, with an official closure expected on March 2. Like many fintech companies, Affirm launched its cryptocurrency program in the late stages of the 2021 bull market, intending to allow customers to buy, sell, or hold cryptocurrencies. Reportedly, the company's stock recently fell by 17% in after-hours trading. (source link)