YouTube15 Sept 2024
7m

Affirm CEO talks AI future, becoming 'more than BNPL'

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Yahoo Finance

This podcast features an interview with Affirm CEO Max Levchin at the Goldman Sachs Communicopia conference. Levchin discusses Affirm's strong financial performance, exceeding 30% growth in GMB and 45% in revenue, and their commitment to GAAP profitability in Fiscal 25. He clarifies that Affirm is more than just a Buy Now, Pay Later (BNPL) company, focusing on broader financial services and aiming to become a modern equivalent of American Express, accessible to everyone. Levchin also shares his optimistic view on AI's potential to increase productivity rather than displace jobs, emphasizing the importance of responsible development and governance.

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