Interview: Affirm CEO Max Levchin

In this episode, I had the chance to sit down with an OG of fintech who really needs no introduction, cofounder and CEO of Affirm and PayPal Mafia member Max Levchin. Max and I had the chance to discuss:

* How Affirm designs its systems and processes to mitigate third-party risks, including service interruptions and, yes, data breaches

* How Affirm thinks about selecting its bank partners and how it works with them to meet regulatory and compliance expectations

* To what extent political and regulatory uncertainty impacts how Affirm approaches running its business

* The CFPB’s interpretive rule that treats pay-in-four buy now pay later as a “credit card” for certain purposes under TILA Reg Z

* Affirm’s recent earnings announcement

* And Affirm’s recent launch in the United Kingdom

Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday:

Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe