Adyen vs Affirm (ADYEN.AS vs AFRM)

Adyen (ADYEN.AS) vs Affirm (AFRM) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Adyen (ADYEN.AS) and Affirm (AFRM) compete in financial services and payments. Here are Adyen and Affirm side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Adyen or Affirm.

Adyen vs Affirm: the figures

Adyen and Affirm figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Adyen or Affirm figure is not available, and we never estimate it.

3 key differences between Adyen and Affirm

1. Debt: Affirm owes 11.3x its annual operating profit (EBITDA), while Adyen holds more cash than debt.
2. Volatility: Affirm stock moves more (beta 3.71) than Adyen (beta 1.91); the higher the beta, the more it amplifies market swings.
3. Valuation: Adyen trades at 24.0x its annual earnings and Affirm at 13.7x; the market pays more for each dollar of Adyen profit, usually because it expects more growth.

Adyen or Affirm: which fits your profile

• If you want growth: Affirm is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you prefer caution: Adyen has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Affirm trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Adyen nor Affirm wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Adyen and Affirm make money

Adyen (ADYEN.AS)

Adyen processes card and other payments for businesses, taking a small fee on each transaction. It breaks its business into Digital (online and in-app payments), Unified Commerce (in-store payments through its terminals) and Platforms (payments embedded in platforms and marketplaces). Clients include major firms like Uber, Spotify and eBay. Full Adyen analysis.

Affirm (AFRM)

Affirm offers buy now, pay later installment loans at online and in-store merchants such as Amazon and Shopify, and through its own Affirm Card. It earns from fees merchants pay, interest on its loans and gains from selling those loans to investors. It operates in the US, Canada and the UK. Full Affirm analysis.

Frequently asked questions: Adyen vs Affirm

Is Adyen or Affirm the better stock?

Choosing between Adyen and Affirm depends on what you are looking for. Affirm is growing faster right now, and Affirm trades on the lower P/E. Fintols does not tell you whether to buy Adyen or Affirm: it shows you the differences so you can decide.

Which pays a higher dividend, Adyen or Affirm?

Neither pays a dividend as of November 4, 2026: Adyen and Affirm put what they earn into growth or other forms of shareholder return.

Which is more expensive, Adyen or Affirm?

On P/E, Adyen (24.0x) is more expensive than Affirm (13.7x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Adyen and Affirm?

Yes. Many people spread their money across several companies, such as Adyen and Affirm, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Adyen or Affirm.

More comparisons with Adyen or Affirm

• Adyen vs Deutsche Börse
• Adyen vs Nu Holdings
• Affirm vs Upstart
• Affirm vs Nu Holdings

More companies like Adyen and Affirm: financial services and payments stocks. Educational content about Adyen and Affirm, not investment advice.