Where is there room for innovation in consumer lending? It’s a question founders in fintech have been asking for over...
Affirm's earnings were fantastic. This continued the trend of publicly traded fintech companies breaking records for revenue and profitability.
Affirm showed confidence in their quarterly earnings call, saying they were "on track" to reach profitability next year.
In this episode we talk with fintech legend, Max Levchin, the co-founder and CEO of Affirm, where he opines on BNPL, why it is better for consumers than credit cards, and how his company has grown into an industry behemoth.
Affirm's earnings call came with an announcement of layoffs, in an effort to streamline in accordance with low revenue growth.
“I truly believe that from now on, we’re going to start to see a lot of partnerships happen within financial...
Affirm produced a solid earnings report with 48% revenue growth and the company now has more than 17 million active customers
Amazon partnered with Affirm to offer BNPL to their North American customers.
Earnings season has begun for fintech and it is not looking very good so far with Affirm and Adyen both sinking after lackluster reports. Also making news was Goldman Sachs, Robinhood, Kraken, Pipe and more.
With regulation taking center stage, there's an opportunity for banks to take the place of some large BNPL providers and lead the space.