Bloomberg Technology
Affirm’s Outlook Comes Up Short
Affirm co-founder and CEO Max Levchin joins Emily Chang to discuss the latest comments from Federal Reserve Chair Jerome Powell and the tech selloff, how it is affecting Affirm and the “Buy Now, Pay Later” industry, and why the company is approaching the next fiscal year “prudently.”
Soulful Wapechi
August 27, 2022 at 12:03 am
I am a bit concerned for “buy now pay later” – as much as affirm believes in their risk management skills – if an individual doesn’t pay or want to pay – then those defaults on bad “loans” increase and will begin to damage the company’s valuation. Especially in a potential recession which is enough for people to put priorities (house, food, clothing) over loan payments.
Susan Elizabeth
August 27, 2022 at 12:21 am
Why do they ask CEO dudes about economic issues rather than asking an economist? CEO dudes have a dog in the fight.
J
August 27, 2022 at 12:29 am
I’ve been using affirm for about 2 years now. Thousands of dollars, and I’ve never had to pay interest.. so, how are they making money?
Amit Kumar
August 27, 2022 at 5:27 am
They charge a fees from the merchants
turbine
August 27, 2022 at 6:41 pm
Merchant fees
Barney Google
August 27, 2022 at 12:36 am
Please enable the cc (control caption) function for your you tube videos. Am missing a lot of info with audio alone. Thanks.
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August 27, 2022 at 1:45 am
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August 27, 2022 at 1:48 am
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Marie Friedrich
August 27, 2022 at 1:49 am
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Olivia Ethan Gabrielle
August 27, 2022 at 2:01 am
Despite the economic downturn, I’m happy ☺️. I have been earning $60,200 returns from my $10,000 investment every 7 days
Hussien Alsafi
August 27, 2022 at 6:14 am
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turbine
August 27, 2022 at 6:42 pm
Superb underwriting