Affirm Surges on $750 Million Liberty Mutual Deal, Eyes $34 Billion Lending Target for 2025

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Affirm needs investors’ money to accomplish its 2025 lending target of plus $34 billion, up by ~25% year-on-year, the Wall Street Journal reported, citing unnamed sources familiar with the matter.

The deal follows Affirm’s financing arrangements with Sixth Street Partners, which agreed to lend $4 billion, and the investment arm of Prudential Financial, which pledged $500 million. 

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Fintech Movers Briefs AFRM Tech News Benzinga Trading Ideas Top Stories Media Stories That Matter

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2025-01-24 @ 14:49:10 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25404588

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