10:18 AM EDT, 03/17/2025 (MT Newswires) -- (Updates with Affirm's and Walmart's ( WMT ) responses to requests for comment.)

Walmart ( WMT ) is making Klarna the exclusive provider of its buy now, pay later loans, a win for the Swedish fintech over its rival Affirm (AFRM), CNBC reported Monday, citing people with knowledge of the situation.

"We win business when merchants want superior performance and maximum value, given our underwriting and capital markets advantages," an Affirm spokesperson said via email. "We will continue our long-term strategy of competing on our products and entering into sustainable partnerships."

Walmart ( WMT ) declined to comment to MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 87.35, Change: +2.00, Percent Change: +2.34