Max Levchin

Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage
August 28, 2024  |  BNPL

As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL...

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Affirm: Delinquency Rates Flat; Affirm Card Generates $397M in GMV
Affirm: Delinquency Rates Flat; Affirm Card Generates $397M in GMV
February 08, 2024  |  Earnings

Buy the rumor, goes the old Wall Street saying, sell the news. And that may have been what happened with Affirm’s stock Thursday evening after...

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...

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Affirm’s Debit Card Sees 75K Signups Per Month
Affirm’s Debit Card Sees 75K Signups Per Month
November 08, 2023  |  Earnings

Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering.  Supplementals from...

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Report: Affirm Explores Subscription Service to Diversify Revenue Sources
Report: Affirm Explores Subscription Service to Diversify Revenue Sources
September 21, 2023  |  Subscriptions

FinTech company Affirm is reportedly exploring the introduction of a subscription service called Affirm Plus. The potential service aims to offer upgrades for both its buy now,...

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Affirm Hits Speed Bumps, Slashes Staff as Consumer Demand for BNPL Decelerates
Affirm Hits Speed Bumps, Slashes Staff as Consumer Demand for BNPL Decelerates
February 09, 2023  |  Earnings

For Affirm, growth is still in the mix, and demand is still there for buy now, pay later.  But the growth rates are decelerating, leading...

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Affirm Volumes Soar but Stock Dives as Delinquencies Inch Higher
Affirm Volumes Soar but Stock Dives as Delinquencies Inch Higher
November 08, 2022  |  Buy Now Pay Later

The buy now, pay later (BNPL) engine may still be firing on most cylinders, but judging by the 15% drubbing Affirm’s stock took after hours...

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Affirm Eyes Possible IPO That Could Value POS Lender At $10B
Affirm Eyes Possible IPO That Could Value POS Lender At $10B
July 31, 2020  |  IPO

Point-of-sale lender Affirm’s initial public offering (IPO) could reach as much as $10 billion through work with Goldman Sachs, according to people familiar with the...

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Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
April 29, 2019  |  Alternative Finances

By the numbers, Americans are not a very financially literate people.  According to a Standard & Poor’s Global Financial Literacy survey only about 57 percent...

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