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Affirm Holdings Inc. CEO Max Levchin expressed optimism about the company's credit quality as the holiday season approaches, despite a slight increase in customer delinquency rates compared to last year. He emphasized confidence in their credit performance and control over credit outcomes.
Affirm has launched its buy now, pay later service in the U.K., marking its first international expansion. The company offers flexible payment options, including interest-free plans, and aims to compete with established players like Klarna and PayPal. CEO Max Levchin highlighted strong demand from U.K. merchants and welcomed potential regulatory measures that promote consumer protection.
Affirm Holdings Inc. is set to launch its fast-credit options in the UK, marking a significant expansion beyond its home markets. The company has already hired 30 employees for this initiative and plans to recruit more staff for commercial support, compliance, and regulatory relations.
Max Levchin
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affirm ceo expresses confidence in credit quality ahead of holiday season
17:52 08.11.2024
affirm launches buy now pay later service in the uk market
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01:01 04.11.2024
affirm launches operations in the uk with new hiring initiative
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