Bloomberg Technology
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: …
@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.