Max Levchin news and trends

Affirm Active Consumers Leap 23% as BNPL’s Momentum Continues
Buy Now Pay Later // February 06, 2025

A strong holiday shopping season, coupled with the continued momentum of buy now, pay later (BNPL) options and zero interest rates, helped push Affirm Holding’s gross merchandise volumes higher. And as a result — particularly as consumers opted to pay for discretionary items, such as...

Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher
Connected Economy // November 11, 2024

Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...

Affirm CEO Says They Own Half of US Pay Later Revenue
Buy Now Pay Later // November 07, 2024

Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected key performance indicators and projected strong holiday consumer spending during its fiscal first quarter conference...

Affirm CEO Says Retailers Aim to Attract Holiday Shoppers With BNPL
BNPL // September 19, 2024

Retailers are increasingly interested in offering buy now, pay later (BNPL) options to consumers, Affirm CEO Max Levchin said Thursday (Sept. 19). More shoppers are using BNPL to finance their spending, so retailers are willing to absorb the costs of BNPL as a way to offer zero-interest...

Interviews & Exclusives
Affirm Active Consumers Leap 23% as BNPL’s Momentum Continues

February 06, 2025
A strong holiday shopping season, coupled with the continued momentum of buy now, pay later (BNPL) options and zero interest rates, helped push Affirm Holding’s gross merchandise volumes higher. And as a result — particularly as consumers opted to pay for discretionary items, such as electronics, over time — the company saw double-digit growth in […]

Sezzle Doubles After Earnings and Leads CE 100 Index 6.3% Higher

November 11, 2024
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the...

Affirm CEO Says They Own Half of US Pay Later Revenue

November 07, 2024
Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected...

Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage

August 28, 2024
As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL provider, reported Wednesday (Aug. 28)...

Quick Reads
Affirm CEO Says Retailers Aim to Attract Holiday Shoppers With BNPL

September 19, 2024
Retailers are increasingly interested in offering buy now, pay later (BNPL) options to consumers, Affirm CEO Max Levchin said Thursday (Sept. 19). More shoppers are using BNPL to finance their spending, so retailers are willing to absorb the costs of BNPL as a way to offer zero-interest loans and attract consumers ahead of the holiday shopping season, […]

Affirm Opens BNPL Offering to Apple Pay Users

September 16, 2024
Buy now, pay later (BNPL) network Affirm is now available for Apple Pay users. The integration, announced Monday (Sept. 16), lets Apple Pay users in the U.S. pay for purchases...

Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions

December 07, 2023
Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to make purchases and pay for...

Report: Affirm Explores Subscription Service to Diversify Revenue Sources

September 21, 2023
FinTech company Affirm is reportedly exploring the introduction of a subscription service called Affirm Plus. The potential service aims to offer upgrades for both its buy now, pay later (BNPL) plan users...