Affirm Holdings has announced an expansion of its capital partnership with Liberty Mutual Investments (LMI), significantly enhancing consumer access to its flexible payment options. This collaboration began in 2019 and has evolved to include a forward flow loan purchase program, which has been upsized to allow LMI to purchase Affirm's installment loans up to $750 million through June 2027. LMI anticipates investing up to $5 billion in this program over time, reinforcing its commitment to Affirm's mission of providing honest financial products that improve lives. Affirm's Chief Capital Officer highlighted the importance of diverse capital pools and partnerships in driving positive credit outcomes. The company has seen a 50% increase in its funding capacity over the past two years, totaling $16.8 billion as of September 30. Additionally, Affirm has recently partnered with Sixth Street for a separate $4 billion investment, further solidifying its position in the U.S. pay later market.
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