2min chapter

How I Built This with Guy Raz cover image

Affirm: Max Levchin (Part 2 of 2)

How I Built This with Guy Raz

CHAPTER

How Do You Assess Risk?

B n p l is a company that makes short term loans to consumers. There's no compounded interest and no late fees, but there are limits on how much you can take out at one time. Rike: We don't look at tritional credit scores since yokno, we founded the company with a belief that we can do much better. But we do look at the data that goes into that score.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode