Wayne Pommen is the Chief Revenue Officer at Affirm.
Affirm is a fintech company specializing in buy-now-pay-later solutions, enabling consumers to split purchases into affordable installments.
Founded in 2012 by PayPal co-founder Max Levchin, it partners with thousands of retailers to offer flexible payment plans. Its transparent terms and no-hidden-fee approach aim to provide a consumer-friendly alternative to traditional credit.
Takeaways
- Transitioning to CEO: The Learning Curve
- Early Days of PayBright: Landscape and Opportunities
- Catching the Ecom Wave
- The $340M Acquisition by Affirm
- Integration and Staying at Affirm
- Lessons from Max Levchin
- Moral Integrity in Consumer Finance
- The Future of BNPL
- The Evolution of Consumer Credit
- Partnerships With Amazon, Shopify and More
- Navigating International Expansion
- The Affirm Card: Becoming Top of Wallet
- Advice for Founders: Thinking Bigger
Chapters
00:00 Wayne's Journey to PayBright
02:15 Transitioning to CEO: The Learning Curve
03:39 Early Days of PayBright: Landscape and Opportunities
06:00 Executing the Vision: Sprinting Towards Success
08:19 Catching the Wave: Timing and Trends
10:03 The Acquisition by Affirm: A New Chapter
13:10 Integration and Longevity at Affirm
15:25 Lessons from Max Levchin: Leadership Insights
17:27 Moral Integrity in Consumer Finance
20:15 The Future of Buy Now Pay Later
22:42 The Evolution of Consumer Credit
25:12 Partnerships and Collaboration in Business
27:23 Navigating International Expansion
29:10 Unlocking Consumer Spending Power
32:07 The Role of the Affirm Card
33:37 Learning and Leadership
37:12 Insights on Canadian Tech and Global Markets
40:19 Advice for Founders: Thinking Bigger
42:15 Fostering an Entrepreneurial Ecosystem
44:01 Dealing with Hard Times
Keywords
PayBright, Wayne, CEO, Affirm, buy now pay later, consumer finance, leadership, acquisition, e-commerce, financial services, consumer credit, partnerships, international expansion, buy now pay later, Affirm card, leadership, Canadian tech, entrepreneurship, business advice, consumer spending