Affirm expands long-term capital partnership with New York Life to increase access to flexible and transparent payment options
10 Articles
10 Articles
Affirm Expands Long-Term Capital Partnership with New York Life to Increase Access to Flexible and Transparent Payment Options
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced an expansion of their long-term capital partnership with New York Life, America’s largest1 mutual life insurance company. Under the expanded agreement, New York Life will purchase Affirm’s installment loans on a forward-flow basis between now and December 2026 with an amount
Affirm Lands $750M Deal with New York Life despite Shaky Lending Environment
Purchase now, pay later on service provider Affirm (AFRM) is broadening its collaboration with New york city Life Insurance Coverage. As part of the brand-new offer, New york city Life will purchase up to $750 million worth of Affirm’s installation loans through 2026. This financing will assist Verify assistance about $1.75 billion in yearly loan volume without keeping the loans by itself balance sheet. Significantly, the 2 business very first p…
New York Life expands Affirm partnership with $750m loan-purchase deal
US insurance giant New York Life has entered into a forward-flow agreement with payment network Affirm to purchase up to $750m (£571.5m) of consumer loans. Under the expanded agreement, New York Life will buy Affirm’s instalment loans on a forward-flow basis between October 2025 and December 2026. Read more: Insurers shift portfolios towards private markets […] The post New York Life expands Affirm partnership with $750m loan-purchase deal appea…
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