Max Levchin of Affirm on The Future of Credit: Reimagining the Financing Ecosystem

As the retail industry has evolved, credit has remained an equally dynamic financing instrument, moving from early store layaway to today’s digital payments.
But retail experiences are continuing to evolve beyond the capabilities of traditional credit and lending.
Entrepreneur Max Levchin shares his thoughts on why we need to reimagine the financing ecosystem from the ground up in order to unlock the future of credit. Drawing from his experiences growing Affirm, Levchin explains why the industry must be willing to embrace new technologies that enable personalized consumer engagement at scale.
Levchin also discusses why Affirm is committed to reinventing credit, starting with the belief that it should help improve consumers’ financial lives in addition to financing their purchases. Moderated by Alex Rampell of Andreessen Horowitz.
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[@supra95ful]

Good to see where M. Schofield has come after breaking outta prison

[@AdamDagne]

POS lending / financing is really the future and Max and his company Affirm will go alot the next 5...10...15...20 years

[@alavnawhat]

this makes so much sense in terms of tackling the traditional thought of credit. I can't wait to see how they scale when they go public