Affirm makes quick comeback to ABS with non-revolver

By Jennifer Kang
20 Apr 2021

Affirm has returned with the second securitization of 2021, establishing itself as a prolific repeat issuer in less than a year since its debut. A growing number of market players are paying closer attention to Affirm for its speedy execution and are anticipating that more buy-now pay-later lenders will emerge in the ABS market.

Point of sale lending allows customers to take out installment loans when buying a product during checkout. The loan is paid off in pieces, usually on a monthly basis, often along with any service or pre-payment fees.

Affirm is a leading point of sale lender, and ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial