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Fintech Affirm Outpacing Industry Rivals

Buy now, play later company Affirm is outpacing its industry rivals, including Klarna, CEO Max Levchin said. Affirm had a “killer quarter” as the industry gets more competitive. Levchin joined Ed Ludlow and Caroline Hyde on “Bloomberg Technology,” to discuss Affirm’s latest earnings report. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Buy now, play later company Affirm is outpacing its industry rivals, including Klarna, CEO Max Levchin said. Affirm had a “killer quarter” as the industry gets more competitive. Levchin joined Ed Ludlow and Caroline Hyde on “Bloomberg Technology,” to discuss Affirm’s latest earnings report.
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1 Comment

1 Comment

  1. @samueleuresti3

    August 29, 2024 at 4:25 pm

    AI conducts 100% of their underwriting, and I experienced that first-hand.

    Affirm offered me a credit limit of $4,200 about a year ago.

    I utilized about $2,500 of the $4,200.

    My credit score dropped a bit.
    And as a result, Affirm blocked me from making any future purchases.

    Love how they treat their good standing customers.

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Brazil Top Court Fines Elon Musk’s X for Skirting Ban

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Brazil’s Supreme Court ordered Elon Musk’s X to restore a block on its site in the country or face daily fines after the social media network managed to evade restrictions through a software update. Bloomberg’s Andrew Rosati joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Apple has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies or eventually risk significant fines under its flagship digital antitrust rules. Bloomberg’s Gian Volpicelli joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Zachary Hill, head of portfolio management at Horizon Investments, joins Caroline Hyde and Ed Ludlow to discuss the impact of the Federal Reserve’s rate cut on tech markets and why the firm still believes in an AI play in the long term. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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Zachary Hill, head of portfolio management at Horizon Investments, joins Caroline Hyde and Ed Ludlow to discuss the impact of the Federal Reserve’s rate cut on tech markets and why the firm still believes in an AI play in the long term. He speaks on “Bloomberg Technology.”
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