Buy now, pay later company Affirm strikes $4 billion loan deal with private credit firm Sixth Street
Sixth Street is committing capital upfront for Affirm to underwrite short-term installment loans, between four- and six-month timeframes.
Affirm Forges $4B Investment Deal With Sixth Street
KEY TAKEAWAYS Affirm forged a $4 billion financing partnership with Sixth Street, in the latest commitment by a private credit firm into a fintech company.Sixth Street is putting the money into a vehicle that will buy Affirm’s loans over three years in a deal the companies said is the largest capital commitment secured by the buy now,
Sixth Street Inks $4 Billion Deal for Affirm’s Consumer Loans
Sixth Street agreed to buy as much as $4 billion of consumer installment loans from buy-now, pay-later lender Affirm Holdings Inc., marking the financial-technology firm’s largest capital commitment to date.
Affirm and Sixth Street Strike $4 Billion Loan Deal
Buy now, pay later platform Affirm has entered into a $4 billion financing partnership with Sixth Street Partners, in a deal that reflect the growing debankification of Wall Street as private-credit f
BNPL lender Affirm inks fresh forward-flow deal with Sixth Street
Affirm partners with Sixth Street to sell its buy now/pay later loans to the investment firm; Associated Banc-Corp promotes Steven Zandpour to deputy head of consumer and business banking; Visa Direct speeds up its money transfers;
Affirm Holdings Stock Surges After Firm Signs Its Largest Ever Capital Partnership Of $4B With Sixth Street: Retail Cheers The Deal
Shares of buy-now-pay-later firm Affirm Holdings Inc (AFRM) were trading higher by over 3% on Friday morning after the company announced it has signed a long-term capital partnership with investment firm Sixth Street,
Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts
Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million.
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