Affirm: Provides Business Performance Update
- Affirm the payment network that empowers consumers and helps merchants drive growth
- Provided an update on its business performance, including its current funding capacity and availability
- The Company’s fiscal quarter-to-date financial performance has exceeded expectations
- Diversified funding strategy which leverages multi-year committed warehouse credit facilities,forward-flow arrangements
- The Company’s diversified funding strategy allows it to maintain discipline by leveraging other sources of liquidity with attractive economics
- The Company added over $400million of additional funding capacity in the first two months of calendar year 2022
