The deal comes as buy-now-pay-later companies are seeing major growth

Affirm is shelling out $300 million for the returns credit service.
Affirm is shelling out $300 million for the returns credit service.
Affirm/Returnly


By Patrick Kulp

2 hours ago

Installment payment platform Affirm announced it is acquiring retail credit service Returnly for $300 million as ecommerce returns surge during the pandemic.