Affirm renews capital partnership with CPP Investments for $1.7 billion

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Affirm and CPP Investments renew and expand capital partnership

June 4, 2026 9:00 AM EDT

SAN FRANCISCO & TORONTO--(BUSINESS WIRE)-- Affirm (NASDAQ: AFRM) and Canada Pension Plan Investment Board (CPP Investments), through subsidiaries of CPPIB Credit Investments Inc., today announced a renewed and expanded forward-flow agreement. Under the 24-month agreement, CPP Investments will commit US$1.7 billion to purchasing Affirm installment loans, with the ability to increase the commitment to US$2.2 billion.

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