Affirm Aims to Compete with American Express as a Modern Payment Platform

Reported 27 days ago

Affirm's founder, Max Levchin, expressed the company's ambition to position itself as a modern alternative to American Express, emphasizing transparency and consumer-friendly policies. Despite fluctuations in stock prices since its public debut, Affirm has developed a broader payment system that integrates services like the Affirm Card and partnerships with Apple Pay. The company's revenues are growing, and Levchin anticipates profitability in the near future, while aiming to expand its market share against established competitors.

Source: YAHOO

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