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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
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