Affirm to Pilot Edge Lending Product in 2027
The buy-now-pay-later company plans to offer its credit product through bank and credit union mobile apps, starting with a pilot in the first half of 2027.
Updated on Nov. 6, 2026 in Financial Services
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Affirm plans to pilot Affirm Edge with banks in the first half of 2027, integrating its buy-now-pay-later credit product into bank and credit union mobile banking applications. The company first discussed Edge at its May investor day, where it estimated the product's total addressable market at about $140 billion.
Why it matters
Banks and credit unions are an important distribution channel for Affirm, and offering the credit product inside their apps would keep transactions in-house and deepen customer relationships. The move reflects Affirm's effort to diversify growth beyond its core merchant-based business.
Affirm's gross merchandise volume rose 34% year over year to $14.4 billion and revenue grew 35% to $1.26 billion, while active customers reached 28.7 million, up 19%. Edge's $140 billion addressable market estimate has not yet been tested through the planned pilot.
The players
Affirm
Affirm is a buy-now-pay-later lender whose credit products are embedded in FIS and Fiserv-issued debit cards and which is pursuing Edge as a key growth avenue.
Old National
Old National is a $74 billion-asset bank that has said it is exploring the use of Affirm Edge.
U.S. Bank
U.S. Bank built its own buy-now-pay-later program, DR Bank, which is headquartered in Darien, Connecticut.
The details
Affirm Edge would be embedded in the mobile banking apps of banks and credit unions, where customers could see their purchasing power and browse Affirm's marketplace. Affirm plans to originate and service the loans offered through Edge.
Timeline
May 2026: Affirm discusses Edge at its investor day.
First half of 2027: Planned pilot of Affirm Edge begins with banks.
Market Landscape
Affirm's gross merchandise volume growth of 34% is running above its 25% medium-term target, and the company is now looking to Edge and agentic commerce as the next growth engines. Competitors such as U.S. Bank, which built its own DR Bank program, show banks are also building in-house buy-now-pay-later offerings.
Bank and credit union customers may eventually be able to access Affirm's buy-now-pay-later credit directly inside their existing mobile banking apps. The pilot has not begun, so no changes to products or pricing are available yet.
The takeaway
Watch whether banks adopt Edge in the planned pilot, since partner adoption will determine whether the projected $140 billion market opportunity materializes. Consumers using bank apps should expect buy-now-pay-later options to appear more often alongside traditional banking tools.
What happens next
Affirm expects to begin pilot testing of Affirm Edge with banks in the first half of 2027.
Further reading
Explore more Financial Services coverage to see how banks and lenders are reshaping consumer credit.
Source note: This article includes information reported by American Banker.
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