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.

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