Affirm

Sixth Street Secures $4 Billion Agreement with Affirm to Propel Consumer Lending Growth

8 days ago

In a significant move for both financial firms, Sixth Street Partners has officially inked a groundbreaking deal worth $4 billion with Affirm, a leader in the buy-now-pay-later (BNPL) sector. This strategic partnership aims to enhance Affirm's lending capacity and solidify its position in the competitive consumer finance landscape.

Prudential’s PGIM Makes a Bold Move with $500 Million Investment in Affirm Consumer Loans

19 days ago

In a strategic financial maneuver that has captured the attention of investors and analysts alike, Prudential Financial's investment management arm, PGIM, has announced its purchase of $500 million in consumer loans from Affirm Holdings. This significant acquisition marks a pivotal moment in the partnership between institutional investors and fintech companies, illustrating the growing interest in alternative credit markets.

Affirm's CEO Project Optimism on Credit Quality as Holiday Season Approaches

1 month ago

As the holiday shopping season draws nearer, Affirm's Chief Executive Officer Max Levchin has expressed a confident outlook regarding the quality of consumer credit. In a recent conversation, Levchin emphasized that customer payment behaviors have shown promising trends, positioning the company favorably in the competitive landscape of buy now, pay later (BNPL) services.