Affirm reports Affirm Card data breach via Evolve Bank & Trust; secures $330M credit facility

Affirm Holdings, Inc.

Evolve Bank & Trust notified Affirm that Affirm Card user personal information compromised in third-party cyber incident; Affirm systems not breached.
Affirm began investigation, notified law enforcement and all Affirm Card users; heightened fraud monitoring; card usage unaffected.
Amendment No. 2 to revolving credit facility increased commitments from $205M to $330M and extended maturity to June 26, 2027.
Borrowings bear interest at SOFR + 1.75% or base rate + 0.75%; commitment fee 0.20% on unused; no amounts drawn at closing.

item 1.01 item 8.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001820953-24-000027
form_type: 8-K
ticker: AFRM
cik: 0001820953
company_name: Affirm Holdings, Inc.
filed_at: 2024-07-01T23:59:59+00:00
discovered_at: 2026-05-14T18:03:14.671670+00:00
generated_at: 2026-06-01T00:07:33.372914+00:00
sec_items: ["1.01", "8.01", "9.01"]
event_type: cyber
sentiment: negative
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001820953-24-000027
json_url: https://secwatch.observer/filing/0001820953-24-000027.json
markdown_url: https://secwatch.observer/filing/0001820953-24-000027.md
text_url: https://secwatch.observer/filing/0001820953-24-000027.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000027/0001820953-24-000027-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1820953/000182095324000027/afrm-20240625.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

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Source: SEC EDGAR

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