Affirm (NASDAQ:AFRM) and Moore Specialty Credit Platform, the private asset backed finance platform of Moore Capital Management, on Tuesday announced an extension of their long-term capital partnership through May 2027.
Moore has invested nearly $5 billion in Affirm’s assets since beginning its capital partnership in 2017, including multiple forward flow partnerships and supporting the company’s asset-backed securitizations through Moore’s Private ABF platform, Moore Specialty Credit.
Affirm said it generated over $33 billion in gross merchandise volume for the last twelve months ending March 31, 2025.
Affirm’s total funding capacity grew to $23.3 billion as of March 31, 2025, said the company, adding that, “Affirm has issued 24 asset-backed securitizations totaling $12.25 billion with participation from over 150 unique capital partners across institution types.”
