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Affirm’s Max Levchin Responds to New Competition From Apple

Jul.16 — Affirm CEO Max Levchin discusses Apple’s announcement that they will collaborate with Goldman Sachs and start allowing customers to buy products using Apple Pay and pay off the purchases in installments, which will be in direct competition with his company. He speaks with Emily Chang on “Bloomberg Technology.”

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Jul.16 — Affirm CEO Max Levchin discusses Apple’s announcement that they will collaborate with Goldman Sachs and start allowing customers to buy products using Apple Pay and pay off the purchases in installments, which will be in direct competition with his company. He speaks with Emily Chang on “Bloomberg Technology.”

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10 Comments

10 Comments

  1. Fred

    July 16, 2021 at 11:49 pm

    Sell the stock they’re done

  2. 3k1ng

    July 16, 2021 at 11:51 pm

    Sure, let’s teach consumers they can buy stuff with the money they *don’t* have. great question Emily!

  3. Andrew M

    July 17, 2021 at 2:19 am

    struggled to answer the hard questions

  4. Jack Dye

    July 17, 2021 at 8:37 am

    CEO saying underwriting for 10 years is his advantage is quite concerning lol. How long has Goldman been underwriting?? I think apples got plenty of time, time is not your advantage. You can see he knows affirms going to 0 and hes looking for the exit

  5. Chandrahas M

    July 17, 2021 at 10:28 am

    I wish Apple acquires Affirm for some 10-15B USD

  6. Abu Feras Abdullah

    July 17, 2021 at 7:57 pm

    Apply gonna get ya

  7. Shahar Rozenbloom

    July 17, 2021 at 10:33 pm

    Apple will hire great Workers from Affirm and Compnies Like That. And there will also pay with 10 Pays every Two Weeks even to iPhone and iPad with Pay Later Tim. Between 2,000$ and less to 10,000$ depand On Budget Credit Card. No interst and Store will pay.

  8. RP G

    July 17, 2021 at 11:51 pm

    comment section owns puts… they’ve obviously never used AFRM or understand its seemless integration. No need to setup Apple Pay. No need to setup an account. All you need is a phone number. AFRM TO THE MOON!

  9. mrPmj00

    July 18, 2021 at 8:06 am

    FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel, Zoom…
    ___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron for the recovery.
    Warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

  10. S GL

    July 18, 2021 at 8:18 pm

    Apple has a way bigger brand name as well as pockets sad for smaller firms they are getting squeezed out.

    Unless they can maintain differentiation in brands for customers.

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Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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