Affirm Secures $4 Billion Partnership With Sixth Street to Drive Growth

Affirm Holdings, Inc. (AFRM) recently announced that it is entering into a long-term capital partnership with global investment firm Sixth Street. Under this partnership, Sixth Street will invest up to $4 billion in purchasing Affirm loans over the next three years through an innovative AssetCo structure. In the same month, PGIM Fixed Income completed a $500 million private purchase of Affirm’s loans.This transaction is the largest capital commitment in Affirm’s history. By leveraging this funding, Affirm g ...