Will PGIM's $3B Facility Help Affirm Scale its BNPL Offerings Fast?

Key Takeaways Affirm expanded its partnership with PGIM via a new $3B revolving loan sale facility. AFRM gains reliable, flexible capital to grow its BNPL offerings without tapping public debt markets. The facility reduces AFRM's funding costs and balance sheet risks, supporting scalability and stability.Affirm Holdings, Inc. (AFRM) has expanded its partnership with PGIM Fixed Income by establishing a new $3 billion revolving loan sale facility. This arrangement allows PGIM, a Prudential Financial, Inc. ( ...