The software-driven lender adds an insurer’s $750m commitment after striking deals with Sixth Street and Prudential Financial.
| less than a minute read
Affirm gets big financing check from Liberty Mutual
Abundant funding and surging enthusiasm about advances in artificial intelligence have boosted stock prices for Affirm and Upstart over the past year. That has helped valuations rebound from a rout in 2022 and 2023 when rising interest rates made it more costly for the companies to raise new capital.
