This announcement follows a similar one in December, when Affirm and Sixth Street entered into a long-term capital ...
Buy Now, Pay Later (BNPL) firm Affirm Holdings (NASDAQ:AFRM) will avail $750 million in funding from Liberty Mutual ...
Software-driven lender adds an insurer’s $750 million commitment after striking deals with Sixth Street and Prudential ...
Buy now, pay later lender Affirm Holdings has expanded its capital partnership with investment firm Liberty Mutual ...
Regular ABS issuer Affirm and Liberty Mutual Investments, the investing arm of Liberty Mutual Insurance Group, have agreed to ...
The new financing is expected to help Affirm meet its 2025 lending target of over $34 billion, a 25% increase from the ...
The investment arm of Liberty Mutual Group of Insurance Companies will buy installment loans from Affirm Holdings (AFRM) in ...
Affirm Holdings, Inc. (NASDAQ: AFRM) and Liberty Mutual Investments (LMI) announced the upsize of their forward flow loan ...
Affirm secures $750M in funding from Liberty Mutual, targeting $34B in loans by 2025, up ~25% Y/Y. Affirm's total funding capacity rose 50% in two years, backed by key partnerships and growing ...
Affirm and LMI began their long-term capital partnership in 2019, followed by their forward flow loan purchase program in 2023. Affirm stock gained after the report. Also Read: Consumer Finance ...
Over the program term, through June 2027, the investment firm will purchase Affirm’s installment loans in amounts up to $750 million. Affirm and LMI began a long-term capital partnership in 2019 ...
Affirm makes “buy-now-pay-later” loans to consumers and needs investors’ money to hit its 2025 lending target of more than $34 billion, a roughly 25% bump from the prior fiscal year.