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 will share 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 will explain why the industry must be willing to embrace new technologies that enable personalized consumer engagement at scale. Levchin will also discuss 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.