Software-driven lender adds an insurer’s $750 million commitment after striking deals with Sixth Street and Prudential ...
This announcement follows a similar one in December, when Affirm and Sixth Street entered into a long-term capital ...
Affirm is a lender that allows you to buy now and pay later, whether you’re shopping in-store or online. If you qualify for one of these short-term loans, you will choose a payment schedule and ...
Buy Now, Pay Later (BNPL) firm Affirm Holdings (NASDAQ:AFRM) will avail $750 million in funding from Liberty Mutual ...
Affirm Holdings, Inc. (NASDAQ: AFRM) and Liberty Mutual Investments (LMI) announced the upsize of their forward flow loan ...
Morgan Stanley raised the firm’s price target on Affirm (AFRM) to $55 from $39 and keeps an Equal Weight rating on the shares. With Amazon ...
The investment arm of Liberty Mutual Group of Insurance Companies will buy installment loans from Affirm Holdings (AFRM) in ...
The new financing is expected to help Affirm meet its 2025 lending target of over $34 billion, a 25% increase from the ...
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 ...
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.
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. Affirm needs investors ...