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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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CoreWeave, Meta Strike $21 Billion for AI Computing | Bloomberg Tech 4/9/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted. ——– “Bloomberg Technology” is our daily news program focused exclusively…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Quantum Clocks Enable GPS-Free Navigation

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Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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