Hardik Shah
2026.06.04 13:05

πŸ“’ 𝐉𝐔𝐒𝐓 𝐈𝐍: $Affirm(AFRM.US) Affirm and CPP Investments Expand Loan Purchase Agreement to $𝟏.πŸ•π

πŸ‘‰ 𝐊𝐞𝐲 𝐇𝐒𝐠𝐑π₯𝐒𝐠𝐑𝐭𝐬:

➀ CPP Investments commits $𝟏.πŸ•π to purchase Affirm installment loans.

➀ Agreement includes option to increase commitment to $𝟐.𝟐𝐁.

➀ Partnership expected to support approximately $πŸ–π in consumer loan volume.

➀ Since πŸπŸŽπŸπŸ—, CPP Investments has purchased nearly $πŸπŸ’π of Affirm assets.

➀ Affirm reported $πŸ’πŸ”π gross merchandise volume over the last 12 months.

➀ Company serves nearly πŸπŸ•πŒ active consumers globally.

➀ Total funding capacity reached $πŸπŸ–.𝟐𝐁 as of March 31, 2026.

πŸ’¬ π„π±π©πžπ«π­ π’π­πšπ­πžπ¦πžπ§π­:

β€œCPP Investments has been one of our most valued capital partners since the earliest days of our program, and this renewal reflects the trust and track record we've built together,” said Michael Linford, Chief Operating Officer of Affirm.

β€œAffirm has established a leading position in a large and growing segment of consumer finance by offering transparent payment solutions that resonate with both consumers and merchants,” said Paras Vira, Managing Director, Head of Americas Structured Credit at CPP Investments.

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