Affirm Inc. has raised $45 million to help it target consumers looking for new credit tools to make purchases online, Chief Executive Officer Max Levchin said at Bloomberg’s Next Big Thing Summit.
Max Levchin, the entrepreneur who helped build PayPal Inc. and Slide Inc. before they were snapped up by Silicon Valley giants, sees his latest startup as the one with staying power.
Yahoo! Inc., the largest U.S. Web portal, appointed Yelp Inc. Chairman Max Levchin to its board, as Chief Executive Officer Marissa Mayer works to restore management stability and reverse three years of revenue declines.
"Financial-services companies-- for better or worse, they learned how to be here."
- Max Levchin on Jun 17, 2014
Bloomberg Best: From Our Bureaus Worldwide - Oct. 8 (Audio)
Levchin’s ’Affirm’ Aims To Upend Consumer Credit (Audio)